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.
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Asian Startups Funding Roundup
Cyera
Israeli cybersecurity company Cyera has raised $540 million in its latest funding round, known as Series E. This new investment values the company at $6 billion—twice as much as just six months ago. According to media reports, Cyera has now raised more than $1.3 billion in total.
Groww
Groww, a health tech startup preparing for its IPO, has raised $200 million in a new Series F funding round. This brings the company’s value to $7 billion.
Carbyne
Carbyne, a company that creates cloud software for emergency call centers, is raising $100 million in a new funding round led by AT&T,media reports. So far, the company has raised about $136 million in total.
Atome
Atome, a buy now pay later (BNPL) company from Singapore and part of Advance Intelligence Group, announced on Monday that it has received $75 million in funding from Lending Ark. This money will help Atome support more people in the Philippines to access financial services.
Allay Therapeutics
Allay Therapeutics, a biotech company that’s still testing its treatments, announced last Thursday that it raised $57.5 million from top investors in its latest round of funding.
Guardz
Israeli cybersecurity startup Guardz, which helps protect small and medium-sized businesses (SMBs), has raised $56 million in a Series B funding round. U.S.-based firm ClearSky led the round.
Beewise
Beewise, a climate-tech startup from Israel, has raised $50 million in Series D funding to grow its smart, self-operating beehive technology.
Tastewise
Tastewise, a company that uses generative AI for the food and drink industry, has raised $50 million in Series B funding. Their platform helps turn food trends and data into proper marketing and business strategies.
Hypernative
On Tuesday, a Tel Aviv-based company called Hypernative announced it raised $40 million in Series B funding. The startup aims to be the first line of defence in Web3 by identifying and preventing threats before any harm is done.
Vecmocon
Deep-tech startup Vecmocon Technologies announced on Monday that it has raised over $18 million (around INR153 crore) in its Series A funding round.
Name the top 10 Asian Startups Funding Roundups for this week?
Cyera, Groww, Carbyne, Atome, Allay Therapeutics, Guardz, Beewise, Tastewise, Hypernative and Vecmocon are the top 10 Asian Startups Funding Roundups for this week.
