ETtech Deals Digest: Pocket FM sweeps 46% of startup funding this week

Pocket FM scooped up 46% of the $223 million in startup funding this week – pushing up the share of dealmaking in the late-stage category, as per Tracxn data. Growth-stage deals commanded 79%, followed by the early stage at 11.2%.

The latest week’s number was a 67% drop from the year-ago total of $670 million. During the same period last year – March 16th to 22, 2023 – omnichannel eyewear retailer Lenskart had raised $500 million from Abu Dhabi Investment Authority in exchange for a 10% stake.