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
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Quantum Machines
Israel-based Quantum Machines (QM), a leading provider of advanced quantum control solutions, has raised $170 million in Series C funding, bringing the company’s total funding to date to $280 million.
TECHCOOP
TECHCOOP, Vietnam’s fast-rising integrated agritech platform, has secured a landmark $70 million Series A funding round, comprising equity and debt financing.
Flow48
Flow48, a leading fintech transforming SME lending across emerging markets, has secured $69 million in Series A funding round which is a combination of debt and equity, was led by Breega and has seen further investments from 212, Speedinvest, Daphni, Endeavor Catalyst, Evolution Ventures, and Plus VC, among others.
Perfect
Israel-based Perfect, the leading agentic AI platform for recruitment, has raised $23M in total Seed funding, with the latest round led by Hanaco Ventures, with participation from Joule Ventures, and Samsung Electronics’ former President, Young Sohn. This investment will underpin Perfect’s AI development and fuel the journey to enhance the industry’s leading Agentic AI recruiter.
Vayu
Vayu, the platform transforming billing and revenue management for B2B tech companies, has raised $7 million in seed funding round co-led by Flint Capital and The Garage, with participation from previous investors Fresh.Fund, Secret Chord Ventures, and angel investors including former Melio and Softbank executives.
journify
Journify, a global provider of Conversion API (CAPI) and Composable Customer Data Platform (CCDP), has secured $4 million in funding. The round was led by global VC firm Silicon Badia, with participation from RZM and other strategic investors.
CQR
CQR, Saudi Arabia’s leading Operational Technology (OT) cybersecurity firm, has secured a $3 million funding round led by Shorooq, one of the region’s most dynamic investment firms.
Lillia
Lillia, an AI startup transforming chronic care for a healthier world, introduced its platform to empower individuals living with diabetes and related chronic conditions to live fulfilling lives.
Omnispay
omnispay, a UAE-based fintech innovating SME payments, has raised $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., a Singapore-based venture capital firm, with participation from regional and international investors.
Lola
Bahrain-based Lola Do Inc. (Lola), an up and coming innovative tech startup offering highly customizable cake ordering service like never before through a mobile app, has successfully raised $1.3 million in a Pre-Seed investment round in partnership with Vision Ventures and Plus VC, the most active VCs in MENA, alongside other strategic angel investors.
Conclusion
From February 16 to 21, 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.
frequently asked questions (FAQ)
Name the top 10 Asian Startups Funding Roundups for this week?
Quantum Machines, TECHCOOP, Flow48, Perfect, Vayu, journify, CQR, Lillia, Omnispay, and Lola.
