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.
Upwind
Cybersecurity company Upwind has raised $250 million in a Series B funding round, valuing the company at $1.5 billion.
Property Finder
Property Finder, the Middle East’s leading property website, has secured $170 million in new funding. The investment comes from Mubadala, Abu Dhabi’s sovereign wealth fund along with another UAE sovereign investor and BECO Capital.
Factify
Factify is an Israeli startup that is building a new system to manage and verify digital documents, designed for the age of artificial intelligence.The company has raised $63 million in seed funding. This round was led by Valley Capital Partners.
Applied EV
Applied Electric Vehicles (AEV), a company that makes electric freight and delivery vehicles, has raised US$40 million (A$57 million) in a Series B funding round.
Memcyco
Memcyco is a digital security platform that protects companies from brand impersonation scams and account takeovers. The company has raised $37 million in Series A funding, taking its total funding to $47 million.
Checkbox
Codeless platform Checkbox has raised US$23 million (A$33 million) in a Series A funding round. The company is focusing on serving the legal sector as a key client.
HeyMax
HeyMax a Singapore-based loyalty and travel rewards platform, has raised US$11 million in Series A funding. The round was led by Peak XV Partners, with Betatron Venture Group joining as a strategic investor. Existing investors, January Capital and Tenity also continued their support.
Vennre
Vennre, a wealth creation platform for high earners who are not yet wealthy, has raised $9.6 million in a Pre-Series A funding round. The funding includes a mix of equity and debt.
Decube
Decube, a Malaysia-based company that focuses on data trust and artificial intelligence, has raised $3 million in a fresh funding round.
Yozo.ai
Yozo.ai is a UAE-based startup that has raised $1.7 million in pre-seed funding to build an AI-powered revenue engine that automates tasks usually handled by e-commerce growth and retention teams. Just three months after launching, Yozo has already helped its clients reach over 250,000 customers using automated workflows and targeted campaigns.
Name the top 10 Asian Startups Funding Roundups for this week?
Upwind, Property Finder, Factify, Applied EV, Memcyco, Checkbox, HeyMax, Vennre, Decube, and Yozo.ai are the top 10 Asian Startups Funding Roundups for this week.
