ETtech Deals Digest: Startup funding in March falls 37% to $623 million

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Technology startups logged a total funding value of about $622.5 million in March 2024, down 37% from the same month a year ago...

In March last year, they had raised a total of $990 million across 133 rounds, as per Tracxn data..

Perfios: The fintech-focused software startup secured $80 million from Teachers' Venture Growth, the late-stage venture and growth investment arm of Ontario Teachers Pension Plan...

Newspace Research & Technologies: The swarm drone technology startup raised $52 million in a bridge round of $33 million of equity from marquee investors and secured debt facilities of $19 million from Sidbi...

Skyflow: The software services provider that stores user data for companies raised $30 million to extend its Series B funding round, which was led by Khosla Ventures..