Premialab
Premialab, a global company that provides data, analytics, and risk management tools for quantitative investing, has announced a major $220 million growth investment. The funding comes from funds and accounts managed by KKR, a leading global investment firm.
MoEngage
MoEngage, a customer engagement platform used by consumer brands, has raised an additional $180 million as part of its Series F funding round.
IND Technology
Melbourne-based IND Technology, which provides early fault detection systems for utilities and power grid operators around the world, has raised $50 million in funding. The money will be used to speed up the rollout of its main technology, which has already helped prevent more than 500 fire incidents globally.
Allink Biotherapeutics
Allink Biotherapeutics, Inc. (AllinkBio), a clinical-stage biotechnology company, has raised US$47 million after successfully completing the extension rounds of its Series A funding.
Echo
Cybersecurity company Echo, which develops secure AI-based software infrastructure, has raised $35 million in a Series A funding round led by N47 Fund, with participation from Notable Capital, Hyperwise Ventures, and SentinelOne.
Olea
Olea Global Pte Ltd, a company that helps simplify global trade, has successfully raised US$30 million in a Series A funding round. The round was led by BBVA (Banco Bilbao Vizcaya Argentaria).
Nawah Scientific
Nawah Scientific, a deep-tech and life sciences company in Egypt that provides scientific and industrial testing services, has raised $23 million in a Series A funding round (a mix of equity and debt). This milestone comes as the company celebrates 10 years since it was founded.
MEQ Solutions
Melbourne-based AI software startup MEQ Solutions has raised A$23 million(US$15 million) in funding from global venture capital firm Insight Partners.
Pyxis
Singapore-based startup Pyxis, which focuses on electrifying maritime transport, has raised S$13 million (about US$10.06 million) in the first close of its growth funding round.
Ferronova
Australia Medical startup Ferronova has raised an additional $6 million, increasing its five-year-old Series A funding to a total of $17.5 million.
Name the top 10 Asian Startups Funding Roundups for this week?
Premialab, MoEngage, IND Technology, Allink Biotherapeutics, Echo, Olea, Nawah Scientific, MEQ, Pyxis, and Ferronova are the top 10 Asian Startups Funding Roundups for this week.
