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
Xpanceo
UAE-based company Xpanceo has raised $250 million in a Series A funding round. The money will help them develop smart contact lenses that can provide users with night vision, zoom in on objects, and monitor their health in real-time.
BlueFive
BlueFive Capital Investment Solutions has finished its first investment round with help from the Constituent Shareholders’ Circle. This has increased the company’s total assets to $120 million.
Huspy
Huspy, a real estate technology company based in the UAE, has raised $59 million in a Series B funding round.
IndiGo Ventures
IndiGo Ventures, the investment group of India’s largest airline, IndiGo, has announced it has raised INR 450 crore for its first fund.
aiOla
aiOla, a voice and conversational AI company from Israel, has raised $25 million in its Series A2 funding round. This brings the company’s total funding to $58 million so far.
Credit Wise Capital
Credit Wise Capital, a lending company based in Mumbai that focuses on two-wheeler loans and small businesses, has raised INR 200 crore in its first major funding round.
Restore Medical
Restore Medical, a medical technology company from Israel, has raised $23 million in a Series B funding round. The money will be used to develop its new, less invasive device that helps treat heart failure. This serious condition still causes many deaths and hospital stays around the world, even after years of new medicines.
Varthana
Varthana has raised INR 159 crore as a loan using two types of financial tools: External Commercial Borrowing (ECB) and Non-Convertible Debentures (NCD).
Animoca Brands
Animoca Brands, a digital property rights company based in Hong Kong, announced on Tuesday that it took part in a recent AUD 20.7 million ($13.55 million) fundraising round by DigitalX, an Australian crypto fund manager listed on the ASX.
Sirsak
Sirsak, a packaging waste management startup from Indonesia, has raised $600,000 in pre-seed funding to grow its main technology, the Packaging Recovery Program (PRP), and boost waste collection and recycling across the country.
Name the top 10 Asian Startups Funding Roundups for this week?
Xpanceo, BlueFive, Huspy, IndiGo Ventures, aiOla, Credit Wise Capital, Restore Medical, Varthana, Animoca Brands, and Sirsak are the top 10 Asian Startups Funding Roundups for this week.
