startup funding: ETtech Deals Digest: Startup funding drops 92.3% on-year to $83.6 million this week

startup funding: ETtech Deals Digest: Startup funding drops 92.3% on-year to $83.6 million this week

Startups raised around $83.6 million between December 14 and 20, marking a 92.3% decrease compared to the same period last year.

ETtech

This also represents an 88.6% decrease from last week’s total of $735.9 million.This week, startups raised funds through 17 deals, compared to 44 in the year-ago period, when they raised a total of $1.09 billion, according to data from data intelligence platform Tracxn.

Top deals of the week

Bureau
: Identity verification startup Bureau secured $30 million in a fresh equity funding round led by US venture firm Sorenson Capital and PayPal Ventures.

Growfast

Most active VCs this week 14 20 Dec 2024  2024 ETTECHETtech

Bizom: Retail intelligence platform Bizom raised $12 million in a funding round led by Hyderabad-based venture capital firm Pavestone, which contributed $7.5 million.

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Zingbus: Electric intercity bus platform Zingbus raised $9 million in a funding round led by BP Ventures.

Top funding rounds during 14 20 Dec 2024 ETTECHETtech

Seekho: Online learning platform Seekho raised $8 million in a funding round led by Lightspeed India Partners. Existing investor Elevation Capital also participated in this round.

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