ETtech Deals Digest: Startups raise $282 million this week, up 4x on-year

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Startups raised around $282 million between September 27 and October 3, an increase of 4.3 times from the $66.3 million raised during the same period last year, according to data from Tracxn.

The tally was also 4.7% more than the $269.3 million raised the previous week.

The number of deals, however, dropped on a year-on-year (YoY) basis, with 17 transactions recorded this week compared with 53 a year earlier.

Top deals of the week

PostHog: Software-as-a-service (SaaS) startup PostHog raised $75 million in a funding round at a $1.4…



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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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ETtech Deals Digest: Startups raise $282 million this week, up 4x on-year


Startups raised around $282 million between September 27 and October 3, an increase of 4.3 times from the $66.3 million raised during the same period last year, according to data from Tracxn.

The tally was also 4.7% more than the $269.3 million raised the previous week.

The number of deals, however, dropped on a year-on-year (YoY) basis, with 17 transactions recorded this week compared with 53 a year earlier.

Top deals of the week

PostHog: Software-as-a-service (SaaS) startup PostHog raised $75 million in a funding round at a $1.4…



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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