This week’s tally was 273% more than the $198.2 million raised in the previous week this year.
The significant increase in funding was due to the $520 million raised by humanoid robotics startup Apptronik this week.
ETtechWhile the funding amount shot up, deal activity marginally increased to 40 transactions this week from 38 deals reported during the same period last year.
Top deals of the week
Apptronik: Humanoid robotics startup Apptronik raised $520 million in a funding round from investors, including Google and Mercedes-Benz, as it seeks to commercialise its robots for industrial use. The round valued the Austin, Texas-based company at about $5 billion.
ETtechIdfy: Mumbai-based regulatory technology startup Idfy secured $52 million (Rs 476 crore) in a funding round led by Neo Asset Management with participation from existing investors, including Blume Ventures, Analog Capital, Elev8, and others. Of the total Rs 476 crore, Rs 220 crore is a primary infusion, and the rest is secondary.
Supertails: Petcare startup Supertails raised $30 million in a round led by Singapore-based investment firm Venturi Partners with participation from Nippon India Alternative Investments, Titan Capital Winners Fund, and existing investors Fireside Ventures, RPSG Capital Ventures, Sauce VC, and Saama Capital. ET reported last November that Supertails was in talks to raise capital in a round led by Venturi Partners, with participation from existing backers.