Venture capitalist warns lot of insurtechs will die
The current state of insurtech funding means start-ups hoping to win cash by simply promising to “grow, grow, grow” are facing death, Lluis Vinas, investment director at Alma Mundi Ventures, has warned.
Speaking following the collapse of Silicon Valley Bank – formerly the top venture debt lender for insurtech – earlier this year, Vinas, who manages four funds adding up to more than €350m (£302m)
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