ETtech Deals Digest: Startups raise $532.6 million this week; up 13x on-year

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Startups raised around $532.6 million between April 5 and 11, marking a 13-fold increase compared to the same period last year.

This also represents a 71.9% increase from last week’s total of $309.7 million.

This week, startups across seed, early, and late stages raised funds through 27 deals, unchanged from the year-ago period, when they raised a total of $40.7 million, according to data from Tracxn.

Image article boday

Top deals of the week:

GreenLine: Essar Group venture GreenLine Mobility Solutions announced raising $275 million via equity issuance to scale its green…



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ETtech Deals Digest: Startups raise $532.6 million this week; up 13x on-year


Startups raised around $532.6 million between April 5 and 11, marking a 13-fold increase compared to the same period last year.

This also represents a 71.9% increase from last week’s total of $309.7 million.

This week, startups across seed, early, and late stages raised funds through 27 deals, unchanged from the year-ago period, when they raised a total of $40.7 million, according to data from Tracxn.

Image article boday

Top deals of the week:

GreenLine: Essar Group venture GreenLine Mobility Solutions announced raising $275 million via equity issuance to scale its green…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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