| Hi, Agen. Tiger Global was one of the most active late-stage growth investors when the venture capital market was booming in 2021, but more recently it’s not only reined in its investment pace, it’s also shedding stakes in some of its portfolio startups. Case in point: The investment firm has sold its stake in Flipkart, the e-commerce giant and one of India’s largest companies, to Walmart in a deal that reportedly values the startup lower than its most previous fundraising valuation. We look more closely at the deal, and what it tells us about Tiger’s new approach. Climate-focused startup investment is dominated by a handful of VCs, and Crunchbase data shows that even as overall venture funding has fallen, many of these investors have only gotten more active. We look at the biggest spenders in climate tech, and what sorts of companies they’re backing. Summer can be slow, especially for those raising venture funding. But last month saw some pretty big rounds — thanks in large part to biotech, which dominated the list. The rest of the largest rounds were spread around industries, including financial services, compliance and, of course, an apparel company founded by Kim Kardashian. Retail giant Walmart has purchased Tiger Global’s remaining stake in India-based Flipkart in a deal that values the e-commerce decacorn at $35 billion, or about 8.5% lower than its previous fundraising valuation. But don’t feel too bad for Tiger: the firm reportedly had invested nearly $1.2 billion in Flipkart between 2010 and 2015, but generated $3.5 billion in gains. While companies in industries ranging across fintech, edtech, cybersecurity, enterprise software and more — and even a well-known VC firm — joined The Crunchbase Tech Layoffs Tracker last week, no sector shed more workers than biotech. As private market exits go, selling your startup to an acquirer at a great price is a preferred path. But as the current M&A slowdown continues, even the most acquisitive public tech companies are keeping a tight grip on their cash. We compare the past M&A spending by tech’s behemoths to their 2023 acquisitions. Related Crunchbase Pro list: M&A Deals Made By The 5 Most Valuable Tech Companies In 2023 | 
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