Hard-tech rounds now come with orders, strategics and debt
Two hard-tech rounds this week show how the capital stack is changing. Customer orders, strategic leads and debt now sit beside venture equity.
Fluxa First Venture Studio
investor-perspective
Fluxa First articles tagged investor-perspective: 2 posts on investor-perspective for deeptech founders and investors.
Why LPs keep re-upping with incumbents, and what new managers can do
Thin LP distributions in 2026 are pushing commitments toward established VC firms. Why it happens, what it means for emerging managers and for founders.