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.
Top deals of the week
PostHog: Software-as-a-service (SaaS) startup PostHog raised $75 million in a funding round at a $1.4 billion valuation. The round was led by Peak XV Partners with participation from other existing investors.
Kapiva: Ayurvedic healthcare brand Kapiva raised $60 million in funding led by 360 ONE Asset and Vertex Growth. Existing investors Vertex Ventures Southeast Asia and 3one4 Capital also participated in the round.
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.
Top deals of the week
PostHog: Software-as-a-service (SaaS) startup PostHog raised $75 million in a funding round at a $1.4 billion valuation. The round was led by Peak XV Partners with participation from other existing investors.
Kapiva: Ayurvedic healthcare brand Kapiva raised $60 million in funding led by 360 ONE Asset and Vertex Growth. Existing investors Vertex Ventures Southeast Asia and 3one4 Capital also participated in the round.
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