ETtech Deals Digest: Startups raise $66 million this week, down 33% on-year – The Economic Times

Startups raised around $66 million in the week ending February 24, a decrease of 33% from the $100 million secured during the same period last year, according to data intelligence platform Tracxn.

ETtech

This week’s tally, however, was up 43.8% from the previous week, when startups raised only $46.2 million.

ETtech

Cheque sizes reduced this year, with $66 million invested across just 21 deals, compared to $100 million spread over 33 deals last year.

ETtech

This week, the top three VCs were Rainmatter, All In Capital, and Blume Ventures, each closing two deals.