Startups raised around $123.9 million during the week of July 12 to 18, marking a 59% decline from the $307.7 million raised during the same period last year, according to data from Tracxn.
However, the funding amount saw a rebound from the previous week, nearly doubling from $62.1 million.
Deal activity, too, declined this week on a year-on-year (YoY) basis, with 26 transactions recorded during the period, compared to the 37 deals seen in the corresponding week last year.
ETtech
You must be logged in to post a comment Login