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Arkam marked its first investment in the manufacturing space on Tuesday, jointly leading a $6.3 million Series A funding round in custom manufacturing platform Karkhana.io
VC funding in tech start-ups in 2023 plummeted by 72 per cent to just $7 billion, compared with the previous year’s $25 billion.
VCs, armed with record dry powder in a buyer’s market, are sharpening the focus on unit economics as green shoots in funding activity emerge. Is it signalling the beginning of the end for the funding winter?
Dr Vikas Singh, owner of a private veterinary clinic in Lucknow, said: “Just like humans, pets also need special care as seasons change, especially older animals. Providing them warm bedding, jackets, a warm environment and a proper diet with warm food and water is crucial.”