Startups raised around $568.2 million between May 3 and 9, reflecting a nearly six-fold increase from the $95.5 million raised during the same period last year.This also marks a threefold rise from last week’s total of $194.7 million.
Despite the surge in funding value, the number of deals fell to 23 this week, compared to 51 in the year-ago period, according to data from Tracxn. The deals spanned seed, early, and late-stage rounds.
ETtech
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