ETtech Deals Digest: Startups raise $124 million this week, down 59% on-year

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.