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.
Deel
Deel, a global HR and payroll platform, has raised $300 million in its latest Series E funding round. The investment was led by Ribbit Capital, with support from existing investors Andreessen Horowitz and Coatue Management. This new funding has increased Deel’s valuation to $17.3 billion, making it one of the biggest private funding rounds in the HR tech industry this year.
Kuku FM
Audio and video platform Kuku FM has raised $85 million in its Series D funding round, led by Granite Asia (formerly GGV Capital). Other investors in the round include Vertex Growth Fund, Krafton, IFC, Paramark, Tribe Capital India, and Bitkraft.
Prisma Photonics
Prisma Photonics, a tech company based in Tel Aviv, has raised $30 million in new funding.
OneLayer
OneLayer, an Israeli company that provides a platform to manage and secure private LTE and 5G networks, has raised $28 million in a Series A funding round.
Omnix Medical
Omnix Medical, an Israeli biopharmaceutical company working on new treatments for antibiotic-resistant infections, has raised $25 million in a Series C funding round. The round was co-led by Harel Insurance & Finance and the European Innovation Council (EIC) Fund.
SpeakX
SpeakX, an English learning platform powered by Generative AI, has raised $16 million in a Pre-Series B funding round led by WestBridge Capital.
Conry Tech
Melbourne-based air-conditioning startup Conry Tech has raised $3 million in Seed funding to help change the way cooling systems work in offices and commercial buildings.
Optimaze
An AI startup called Optimaze has raised US$3 million in pre-seed funding to help companies save money on unnecessary cloud expenses.
Oqood
UAE-based legaltech startup Oqood has raised $1 million in seed funding from a group of angel investors. This investment will help the company grow and expand its services.
Nanovate
Nanovate, an AI company based in Cairo, has raised $1 million in a pre-seed funding round. The round was led by a group of angel investors.
Name the top 10 Asian Startups Funding Roundups for this week?
Deel, Kuku FM, Prisma Photonics, OneLayer, Omnix Medical, SpeakX, Conry Tech, Optimaze, Oqood, Nanovate are the top 10 Asian Startups Funding Roundups for this week.
