Startups raised around $123.9 million during the week of July 12 to 18, marking a 59% decline from the $307.7 million raised during the same period last year, according to data from Tracxn.
However, the funding amount saw a rebound from the previous week, nearly doubling from $62.1 million.
Deal activity, too, declined this week on a year-on-year (YoY) basis, with 26 transactions recorded during the period, compared to the 37 deals seen in the corresponding 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 $123.9 million during the week of July 12 to 18, marking a 59% decline from the $307.7 million raised during the same period last year, according to data from Tracxn.
However, the funding amount saw a rebound from the previous week, nearly doubling from $62.1 million.
Deal activity, too, declined this week on a year-on-year (YoY) basis, with 26 transactions recorded during the period, compared to the 37 deals seen in the corresponding 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.
ETtech
ETtech