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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Thunes
Thunes, a payment company based in Singapore, has announced that it raised $150 million in its Series D funding round. Global private equity firms Apis Partners and Vitruvian Partners led the funding.
Lightrun
Israeli startup Lightrun, which offers tools for real-time code monitoring and fixing, has raised $70 million in a Series B funding round. The round was led by Accel and Insight Partners, with support from Citi, Glilot Capital, GTM Capital, and Sorenson Capital. This brings the company’s total funding to $110 million.
SquareX
SquareX, a Singapore-based cybersecurity startup, announced it has raised $20 million in a Series A round led by SYN Ventures, a venture capital firm specializing in cybersecurity investments.
Erad
Erad has raised $16 million in a Pre-Series A round led by Y Combinator, Nuwa Capital, and other investors. The funding will fuel the startup’s expansion in Saudi Arabia and support the growth of its data-driven platform that provides fast, Shariah-compliant financing to underserved SMEs. Erad aims to help bridge the $250 billion SME credit gap across the GCC region.
Fuze
Fuze, a startup that builds digital assets infrastructure, has raised $12.2 million in a Series A funding round. The round was led by Galaxy, a global digital assets company, and e & Capital, the investment arm of a telecom operator based in the UAE.
Metafin
Metafin, a Solar loans-focussed non-banking finance company (NBFC) has raised $10 million in a Series A funding round led by Vertex Ventures Southeast Asia and India.
Tuba
Tuba, a company that offers medical solutions for businesses targeting corporate employees, announced it has raised $8 million in pre-seed funding. The round was led by Al-Oulan, with support from investment firms and angel investors from industry leaders.
Terminal 3
Terminal 3, a Web3 startup based in Hong Kong, has raised $8 million in early funding to improve its data privacy and security.
MedIQ
Pakistan-based healthcare company MedIQ raised $6 million in a Series A funding round. The investment was led by Rasmal Ventures from Qatar and Joa Capital from Saudi Arabia, along with support from MedIQ’s existing investors.
Terex Ventures
Dubai, UAE – Terex Ventures, a business advisory firm based in Dubai, successfully hosted its official demo day series at Zentral, located within the World Trade Center. The high-profile event brought together many investors, including venture capitalists, angel investors, and family offices from the UAE, India, and Europe.
frequently asked questions (FAQ)
Name the top 10 Asian Startups Funding Roundups for this week?
Thunes, Lightrun, SquareX, Erad, Fuze, Metafin, Tuba, Terminal 3, MedIQ, Terex Ventures are the top 10 Asian Startups Funding Roundups for this week.
