ETtech Deals Digest: Startups raise $139 million this week, down 59% on-year

Startups raised around $139.1 million between March 7 and 13, a decline of 59% compared to the $339 million secured during the same period last year, according to data intelligence platform Tracxn.

This week’s tally was around 11.5% less than the $157.3 million raised in the previous week this year.

The deal activity also slowed significantly this week, with 21 transactions recorded compared with 51 in the same week last year.