Despite the ongoing funding winter, investors say there’s funding available for businesses with solid fundamentals. Gaming and fintech, in particWhile the term ‘funding winter’ comes up in every startup conversation these days, investors remain optimistic. The overriding sentiment, say industry insiders, is that simply hunkering down until the downturn passes is not the answer. Instead, now is the time to forge a path towards profitability and strong product-market fit.
While multiple founders The CapTable spoke with said that they are in cash conservation mode as they had little visibility on their next funding round, investors believe there’s still room for bold bets. Every major venture fund has raised a large sum of money which is meant to be deployed, they said.
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