Startup shutdowns have accelerated over the past 24 months as venture hypergrowth stalls and VCs abandon Zombie startups. Founders should explore other options

23mile Facilitates $25 million acquisition of Caena investment tech startup

Venture-backed startups and their investors are facing significant challenges in the past three years that call into question the entire future of the asset class.

23mile is a turnaround fund for venture backed startups who need capital and support to transit from hypergrowth to profitability.