Funding

ETtech Deals Digest: Startups raise $1.06 billion in May, up 12% on-year

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Startups raised about $1.06 billion in funding between May 1 and 30, marking a 12% increase from the same period last year, when they had raised a total of $950 million across 189 rounds.

This month, startups, primarily in the early and late stages, secured funding through 79 rounds, according to data from market intelligence platform Tracxn.

ETtech

In April 2025, startups raised around $1.02 billion from 104 rounds.

Last week—from May 24 to May 30—startups raised around $147.7 million.

ETtech


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