Yanev Suissa, Managing Partner and Founder at SineWave Ventures, discusses changes in Venture Capital and his firm’s investment thesis.
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During this week’s roundtable, we had Yanev Suissa, Managing Partner and Founder at SineWave Ventures, discuss changes in Venture Capital and his firm’s investment thesis.
Synch Cycle
As for our entrepreneur pitches, first we had Ravikumar K. from Atlanta, Georgia, pitch SynchCycle, a FemTech idea.
Lumiera
Next, we had Maryam Lopes from Ithaca, New York, pitch Lumiera, also a FemTech business.
Difinity.ai
Then we had Atiq Khan from Sydney, Australia, pitch Difinity.ai, a compliance SaaS product.
You can listen to the recording here:
Sramana Mitra: You probably know this. In 1 Million by 1 Million, we have taken a different approach than the typical venture capital mantra of “blitzscale out of the gate, go big or go home.” We don’t believe in any of that. We do “bootstrap first, raise money later,” and that has produced a lot of very interesting success stories. FreshWorks was incubated in 1Mby1M. The first three years of FreshWorks were here. We didn’t raise money for FreshWorks until they had paying customers.
>>>–Kaushank Khandwala – Writer, Founder, and Pro-Founder Research Fellow
1Mby1M isn’t merely virtual — it’s built for the new generation of founders: Remote. Thoughtful. Independent. Global from Day One.

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Canada’s startup ecosystem is among the most geographically distributed and intellectually diverse in the world. From the AI labs of Montreal to the SaaS corridors of Toronto, the gaming studios of Vancouver, and the emerging innovation hubs in Calgary, Ottawa, and Waterloo, Canada represents a mosaic of entrepreneurial energy shaped by its universities, immigration policies, and government funding programs.
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Turkey’s accelerator ecosystem is growing rapidly, with Istanbul serving as its hub. Startups raised $1.4 billion in 2024, making Turkey one of Europe’s fastest-rising ecosystems.
>>>Sramana Mitra: Okay. Let’s do a B2B case study.
Mohanjit Jolly: Let’s do a B2B case. About a third of our portfolio consists of US Delaware companies that are building products from India. Chennai seems to be the hub for most of our enterprise companies.
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