ETtech Deals Digest: Startups raise $191 million this week, down 51% on-year

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Startups raised around $190.7 million between January 10 and 16, a decline of 50.6% compared to the $386.2 million secured during the same period last year, according to data intelligence platform Tracxn.

This week’s tally, however, was more than three times the $60.4 million raised in the previous week.

The deal activity also slowed significantly year-on-year (YoY), with 27 transactions recorded compared with 54 in the same week last year.

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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 $191 million this week, down 51% on-year


Startups raised around $190.7 million between January 10 and 16, a decline of 50.6% compared to the $386.2 million secured during the same period last year, according to data intelligence platform Tracxn.

This week’s tally, however, was more than three times the $60.4 million raised in the previous week.

The deal activity also slowed significantly year-on-year (YoY), with 27 transactions recorded compared with 54 in the same week last year.

Top deals of the week

PeeSafe: Women’s hygiene and wellness brand Pee Safe has closed a…



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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