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Economic Times

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Image Credit: Economic Times

Startup funding drops 37% on year to $103 million this week

  • Startups raised around $103.2 million between October 5 and October 11, marking a 36.7% decrease from the same period last year.
  • However, this represents a 34.1% rise from last week’s total of $77 million.
  • Top deals of the week include Haber raising $38 million, Spry Therapeutics raising $15 million, Economy Process Solutions raising $12 million, Urja Mobility raising $12 million, and BioPrime raising $6 million.
  • Startups raised funds through 21 deals this week, compared to 29 deals in the year-ago period.

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