Startups raised around $343 million between March 14 and 20, a decline of 69% compared to the $1 billion secured during the same period last year, according to data intelligence platform Tracxn.
This week’s tally, however, was around 2.5 times the $139.1 million raised in the previous week this year.
The deal activity also slowed significantly this week, with 29 transactions recorded compared with 44 in the same week last year.
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.
Startups raised around $343 million between March 14 and 20, a decline of 69% compared to the $1 billion secured during the same period last year, according to data intelligence platform Tracxn.
This week’s tally, however, was around 2.5 times the $139.1 million raised in the previous week this year.
The deal activity also slowed significantly this week, with 29 transactions recorded compared with 44 in the same week last year.
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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