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ETtech deals digest: Startups raise $342 million this week; up 2.4x on-year

Economic Times · 1m

Between March 8 and 13, startups raised approximately $342.4 million, a 2.4 times increase from the previous year's period and a 31.2% rise from the prior week's total. This funding came from 13 deals, in contrast to last year's 24 deals amounting to $143 million. Key deals included Zolve securing $251 million, Scimplify raising $40 million, Infinite Uptime garnering $35 million, and AmpereHour Energy obtaining $5 million.