ETtech Deals Digest: Startups raise $269 million this week, up 19% on-year

Startups raised around $268.9 million between August 16 and 22, a 19.1% increase from the $225.8 million raised during the same period last year, according to data from Tracxn.

However, the total was down 20.4% from the $337.6 million raised the previous week.

Meanwhile, deal activity fell on a year-on-year (YoY) basis, with 15 transactions recorded this week compared with 31 a year earlier.