Startups raised around $1.03 billion between November 15 and 21, nearly double the $566.2 million secured during the same period last year, driven primarily by the $900 million funding round closed by video generation platformLuma AI.
ETtech
This week’s funding total was also 82.5% higher than the $172.5 million raised in the previous week.
ETtech
However, deal activity slowed year-on-year (YoY), with 24 transactions recorded compared to 38 in the same week last year.
