Funding Wrap of The Week | Asian Startups Funding Roundup | 2 February – 7 February 

Asian startups secure investment in different funding rounds from venture capital firms and angel investors to grow their businesses and scale up to be more successful in Asia and worldwide. Below are the top 10 Asian Startups Funding Roundups for this week.

Asian Startups Funding Roundup

Stratasys 

Stratasys Ltd., a leader in polymer 3D printing solutions, announced that Fortissimo Capital a leading Israeli private equity fund investing in technology and industrials, has agreed to invest $120 million in the Company, acquiring approximately 14% of Stratasys’ issued and outstanding ordinary shares through a direct purchase of 11,650,485 newly issued ordinary shares at $10.30 per share, reflecting a premium of 10.6% over the closing market price on January 31, 2025.

Flō Optics

Tel Aviv (Israel)-based Flō Optics has raised $35 million in a Series A round. The Jaglom family is the company’s primary investor, having previously invested in other similar companies, including Stratasys.

Bigabid 

Israel-based Bigabid, a data-driven ad-tech company specializing in machine learning (ML) based solutions, has raised $25 million in a Series A round and signed a cooperation agreement with the gaming company MobilityWare to expand its media activity in the gaming sector.

Khazna

Khazna, a leading financial super app that offers easy-to-use, technology-driven financial services to underserved segments, announces closing a $16 million pre-Series B funding round.

fileAI 

Singapore-based fileAI, the leading platform for automating unstructured data processing, has raised US$14 million in a Series A funding round led by returning enterprise solution investors Illuminate Financial, Antler Elevate, Insignia Ventures Partners, and Heinemann Group, among others. This brings the total funding to over US$20 million.

Cellid

Cellid Inc., a developer of AR glasses displays and spatial recognition engines for next-generation devices, today announced that it has raised a total of USD 13 million (JPY 2 billion) through a private placement with Development Bank of Japan Inc. as the lead investor, and through a third-party allotment of new shares to funds managed or involved in the management of More Management Co., Ltd.; CVC fund jointly established by Kyocera Corporation and Global Brain Corporation; 15th Rock, Inc.; and FFG Venture Business Partners Co., Ltd.

Fimple

Turkey-based Fimple has raised $12 million in Series A funding, marking a significant milestone in journey. The funding round was led by DN Capital and Smartfin, with continued participation from our existing investors APY Ventures and Tera Portfolio.

Limelight Diamonds 

Limelight Diamonds, India’s largest LGD jewellery brand, raised close to $11 million (INR 90 Crore) in a funding round from leading fund houses, reputed broking firms, family offices, and promoters.

qeen.ai

qeen.ai, a leading provider of agentic AI solutions for e-commerce, announces it has raised $10 million in funding—one of the largest seed investments in the MENA region to date.

Myne 

Myne, a groundbreaking wealth and asset tracking platform, has announced today that the company has raised $2 million and has successfully closed its pre-seed funding round.

Conclusion

From February 2 to 7, Asian startups received varied funding. From fintech to deep tech, the region remains robust and ready to attract more investors next week. This increase in funding is a testament to the continuing opportunities for startups in Asia. Next week, we will provide the Asian Startups Funding Roundup, highlighting Asia’s startup ecosystem.

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