Startups raised around $157.7 million between May 10 and 16, which increased by over two- thirds from the $91.4 million raised during the same period last year.
This also marks a 72% decline from last week’s total of $568.2 million.
Despite the surge in funding value, the number of deals fell to 23 this week, compared to 36 in the year-ago period, according to data from Tracxn. The deals spanned seed, early, and late-stage rounds.
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.
Startups raised around $157.7 million between May 10 and 16, which increased by over two- thirds from the $91.4 million raised during the same period last year.
This also marks a 72% decline from last week’s total of $568.2 million.
Despite the surge in funding value, the number of deals fell to 23 this week, compared to 36 in the year-ago period, according to data from Tracxn. The deals spanned seed, early, and late-stage rounds.
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.
ETtech
