The new fund will be used to strengthen Learning Experience Platform and expand the sales and marketing team to widen the customer base.
Orios Venture Partners also advised founders of its portfolio companies to close deals with investors and avoid waiting for better offers as there might not be any
The startup accelerator says a company that has raised Series A funding at pre-product-market fit, should not expect another round to happen until it has hit product-market fit, in the current economic downturn.