Companies, across seed, early and late-stages, had raised about $81 million from 32 rounds in the period from February 10 to February 16, 2023, as per data from Tracxn.
Elevate Your Tech Prowess with High-Value Skill Courses
| Offering College | Course | Website |
|---|---|---|
| IIM Lucknow | IIML Executive Programme in FinTech, Banking & Applied Risk Management | Visit |
| IIM Kozhikode | IIMK Advanced Data Science For Managers | Visit |
| Indian School of Business | ISB Professional Certificate in Product Management | Visit |
The most significant amount of capital raised in the week was in the early stage, at about $109 million, which accounted for about 76% of the overall deal value. This was followed by $25 million in the late stage, commanding 17.4%.
Sequentially, funding during this week saw a drop of about 7% in value terms, and down about 22% by volume.
The latest week’s figures average at about $6.8 million per deal, versus $2.5 million in the same week of February 2023, and $5.7 million in the second week of February 2024.
Top deals:
Discover the stories of your interest
Captain Fresh: The online seafood firm raised $25 million in a funding round led by UK government-backed British International Investment (BII) and Andhra Pradesh-based Nekkanti Seafoods Group.
Astrotalk: The spiritual tech startup raised $20 million in a Series A round from Left Lane Capital, a New York-based venture capital firm.
Amber: The student accommodation platform raised $21 million in its first round of institutional funding, led by Mumbai-based private equity firm Gaja Capital.
Supertails: The petcare products and services startup raised $15 million led by RPSG Capital Ventures.
MetalBook: The platform for the global metals supply chain raised $15 million in its Series A funding round led by Rigel Capital.
