ETtech Deals Digest: Startups raise $725 million this week, up 5X on-year

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Startups raised around $725.4 million between February 14 and February 20, marking a nearly five-fold rise compared with the $157.4 million secured during the same period last year, according to data intelligence platform Tracxn.

However, the weekly tally was marginally lower than the $739.7 million raised in the previous week this year.

Deal activity also slowed this week, with 32 transactions recorded compared with 42 in the corresponding week last year.

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