Funding

ETtech Deals Digest: Startups raise $338 million this week, up 65% on-year

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Startups raised around $337.6 million between August 9 and 14, a 64.9% increase from the $204.7 million raised during the same period last year, according to data from Tracxn.

The total was also up 54.2% from the $219 million raised the previous week.

Deal activity, however, fell on a year-on-year (YoY) basis, with 26 transactions recorded this week compared with 33 a year earlier.

Top deals of the week:

Truemeds:Telehealth platform Truemeds has secured $85 million in a funding round led by Accel and Peak XV Partners. Of the total,…

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