ETtech Deals Digest: Startup funding touches $355 million this week, up 34% on-year

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Startups raised around $355.2 million between December 13 and 19, an increase of 33.9% compared to the $265.2 million secured during the same period last year, according to data from data intelligence platform Tracxn.

This week’s tally, however, was 5.3% lower than the $375.2 million raised in the previous week.

The deal activity slowed year-on-year (YoY), with 27 transactions recorded compared with 40 in the same week last year.

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