ETtech Deals Digest: Startups raise $159 million this week, down 7% on-year

Startups raised around $159.2 million during the week of June 14 to 20, a 7.2% drop from the $171.6 million raised during the same period last year, according to data from Tracxn.

The tally also marked a 0.7% decrease over the $160.3 million raised last week.

Deal activity, too, remained muted this week, with 14 transactions recorded during the period. This was less than half of the 36 deals seen in the corresponding week last year.