RECENT ARTICLES

India
ONO raises $1.2 million in pre-series A round led by Aeravti Ventures

Agri-finance startup ONO has raised US$1.2 million in a pre-series A funding round led by Aeravti Ventures. The funding round also included participation from angel investors and Tremis Capital. The company will use the new funds to improve its technology platform, expand into new markets, and strengthen its lending business. Founded by Rama Rao Kancharapu […]

May 20, 2026
img
South Korea
LG Innotek Partners with Kakao Mobility for Self-Driving Technology

LG Innotek and Kakao Mobility are joining hands to develop autonomous driving AI technology. The partnership will combine LG Innotek’s advanced self-driving sensors with Kakao Mobility’s large amount of driving data to strengthen their position in the growing physical AI market which includes autonomous cars, robots, and drones. The two companies recently signed a memorandum […]

May 20, 2026
img
India
Neurotech startup Sychedelic raises $3.5 million in seed round

Neurotechnology startup Sychedelic has raised US$3.5 million (around Rs 31.5 crore) in a seed funding round to grow its business and expand into global markets. The funding round included support from angel investors such as TurboStart, Ideabaaz, and Praveek Ventures, along with investors from India, the UAE, and the NRI community. The company plans to […]

May 20, 2026
img
UAE
RemotePass raises $17.4 million in series B round led by EBRD Venture Capital

RemotePass, the global employment, payroll, and spend platform, has raised US$17.4 million in Series B funding led by EBRD Venture Capital (EBRD). The funding round also included investments from 500 Global and existing investors such as Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures. RemotePass has also received support from early-stage investors including […]

May 20, 2026
img
Israel
Ocean raises $28 million in total funding led by Lightspeed Venture Partners

Ocean, the world’s first Agentic Email Security platform, has raised US$28 million in total funding. The funding round was led by Lightspeed Venture Partners with support from Picture Capital and Cerca Partners. Well-known angel investors also joined, including Assaf Rappaport from Wiz, Yevgeny Dibrov and Nadir Izrael from Armis, and Dor Knafo, former CEO of […]

May 20, 2026
img

RECENT ARTICLES

India
Oxyzo to acquire debt investment platform GoldenPi for ₹42 Cr

Oxyzo has approved the full acquisition of GoldenPi Technologies and its subsidiary GoldenPi Securities through a share-swap deal worth ₹42.4 crore (around $4.4 million). Oxyzo, which is the lending division of OfBusiness, will issue company shares to Abhijit Roy, Samir Baran Pratihar, and investor Rainmatter Investments as part of the deal. In a regulatory filing, […]

May 20, 2026
img
India
Damroo raises $600K in funding round from Hindustan Times

Damroo, a platform that helps independent and regional artists share and grow their music has raised ₹5 crore (US$600K) in funding from Hindustan Times. The new funding will be used to improve its technology, add more artists, grow its music library, and make it easier for listeners to discover regional music. It will also help […]

May 20, 2026
img
South Korea
Kakao Mobility, HD Hyundai Site Solution Partner to Build Intelligent Logistics Platform

Kakao Mobility has signed an agreement with HD Hyundai Site Solution to work together on building a next-generation unmanned logistics system powered by AI. The goal of this partnership is to move from traditional hardware-based systems to smarter, software-driven operations using physical AI. In this collaboration, Kakao Mobility will provide its platform technology for managing […]

May 20, 2026
img
Israel
Israeli cybersecurity firm torq acquires startup for $70 million

Torq which builds an AI-powered platform to manage cybersecurity operations automatically has announced the acquisition of Jit. Jit is a cybersecurity company that developed AI Context Graph technology which helps security teams understand cyber threats in the context of the whole organization and respond more effectively. The two Israeli companies did not share the exact […]

May 20, 2026
img
Israel
Viewz raises $7 million in seed round led by Ibex Investors

Viewz, a financial operations platform that uses a unified ledger system, has raised US$7 million in a Seed funding round. The round was led by Ibex Investors and Flint Capital. Since quietly launching a year ago, the company has achieved millions of dollars in annual recurring revenue (ARR). It also reported 67% growth in the […]

May 20, 2026
img

Stay on top - Get the daily news from Startup Rise Asia in your inbox

Loading