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The Economic Times — Techeconomictimes.indiatimes.com

ETtech Deals Digest: Startups raise $225 million in second week of June, up 22% on-year (opens original article in a new tab)

TL;DR

Startups raised $225 million in funding across 19 rounds during the second week of June, a 22% year-on-year increase, with Hygenco Green Energies leading with a $105 million round for green hydrogen projects.

  • Startups raised $225 million in 19 funding rounds during the second week of June, a 22% increase compared to the same period last year.
  • Hygenco Green Energies secured $105 million in equity funding from IFC, Siemens Financial Services, and Fullerton Carbon Action Fund for green hydrogen projects.
  • Coram AI raised $35 million in a funding round co-led by Ansa Capital and Battery Ventures, bringing its total funding to $66 million.

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