Capital raising is a lot harder than it was a few years ago. Following the dizzying heights of the pandemic-induced fundraising frenzy of 2021, venture capital has seen a dramatic belt-tightening in the past couple of years, forcing many early-stage companies to pivot from a growth-at-all-costs model to strict capital efficiency in order to survive.
Xavier Keary, from Gilbert + Tobin, says there has been a flight to quality for solid start-up companies.
