ETtech Deals Digest: Startups raise $282 million this week, up 4x on-year

Startups raised around $282 million between September 27 and October 3, an increase of 4.3 times from the $66.3 million raised during the same period last year, according to data from Tracxn.

The tally was also 4.7% more than the $269.3 million raised the previous week.

The number of deals, however, dropped on a year-on-year (YoY) basis, with 17 transactions recorded this week compared with 53 a year earlier.