ETtech Deals Digest: Startups raise $338 million this week, up 65% on-year

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Startups raised around $337.6 million between August 9 and 14, a 64.9% increase from the $204.7 million raised during the same period last year, according to data from Tracxn.

The total was also up 54.2% from the $219 million raised the previous week.

Deal activity, however, fell on a year-on-year (YoY) basis, with 26 transactions recorded this week compared with 33 a year earlier.

Top deals of the week:

Truemeds:Telehealth platform Truemeds has secured $85 million in a funding round led by Accel and Peak XV Partners. Of the total,…



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ETtech Deals Digest: Startups raise $338 million this week, up 65% on-year


Startups raised around $337.6 million between August 9 and 14, a 64.9% increase from the $204.7 million raised during the same period last year, according to data from Tracxn.

The total was also up 54.2% from the $219 million raised the previous week.

Deal activity, however, fell on a year-on-year (YoY) basis, with 26 transactions recorded this week compared with 33 a year earlier.

Top deals of the week:

Truemeds:Telehealth platform Truemeds has secured $85 million in a funding round led by Accel and Peak XV Partners. Of the total,…



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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