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FuriosaAI Closes $620 Mn to Expand AI Chip Production and Challenge Nvidia

South Korean AI chip startup FuriosaAI has Closes $620 million in a Series D funding round, increasing its valuation to $2.9 billion. The new valuation is nearly four times its previous valuation of $735 million. The funding round was led by US-based Infinitum Partners, with participation from Jericho Capital, Worldline Capital, Singapore-based QUDA Capital, and […]

October 29, 2026

India

NoorNation Closes $1.05 Mn to Expand Solar-Powered Irrigation in Egypt

Egypt-based climatetech startup NoorNation has Closes $1.05 million in seed funding to expand its clean energy and water solutions for agricultural businesses and off-grid communities. The round was backed by Linah Farms, climate tech investor Catalyst Fund and Saudi-based KBW Ventures. Founded in 2021 by Ragy Ramadan and Mohamed Khaled, NoorNation develops decentralised energy and […]

October 28, 2026

India

QwikBuild Secures $2.3 Mn to Expand Enterprise AI Operations

Bengaluru-based enterprise AI startup QwikBuild has Secures $2.3 million in pre-seed funding, backed by Globalway Inc., Blume Ventures, DeVC, Marsshot and angel investors Lalit Keshre and Ankit Nagori. The company will use the funding to expand its go-to-market activities, establish a team in the US and strengthen its presence across Southeast Asia. Alongside the funding […]

October 28, 2026

Singapore

Singapore Payments Network Appoints Derek Chan as CEO to Strengthen National Payment Systems

Singapore Payments Network (SPaN) has appointed Derek Chan as its first Chief Executive Officer (CEO) and established its inaugural Board of Directors to oversee Singapore’s national payment schemes. The appointments mark an important step towards strengthening payment governance, improving operational resilience and supporting innovation in the country’s payments sector. Established by the Monetary Authority of […]

October 28, 2026

India

Simplismart Secures $14 Mn to Improve AI Computing Efficiency

Bengaluru-based AI infrastructure startup Simplismart has Secures $14 million in a Series B funding round led by Dallas Venture Capital, with participation from Nvidia, Accel, Shastra VC and Micromax. The round values the four-year-old company at approximately $100 million. The company will use its technology to help businesses improve AI model performance, reduce computing costs […]

October 28, 2026