Startup Beat

This article was authored by Diego Noriega, Managing Partner at Newtopia.

2022 has not been a sparkling year for startup investments. In fact, venture capital funds’ reluctance to get their hands dirty during the downturn has left them with record amounts of dry powder. 

The good news is that sooner or later, they will have to rekindle the investment fire to keep their business going. As the end of 2022 is in sight, it is increasingly likely that VC investors in the US will drop some of the $290 billion currently sitting in their funds. The question is, to whom? While startups are sitting on the waiting bench, they are racking their brains for strategies to ensure they are first in line for their share of the dry powder. 

One strategy that can spur investors’ interest is startup collaboration. This will improve a company’s profitability and growth trajectory and, in

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