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.
Splose
Adelaide-based allied health software company Splose has raised $46 million in Series A funding, which it says is the largest funding round ever raised by a South Australian SaaS startup.
Brandlight
Startup Brandlight has raised $30 million in a Series A funding round led by Pelion Venture Partners. Existing investors Cardumen Capital and G20 Ventures also took part in the round.
Supertails
Pet care startup Supertails has raised $30 million (₹271.7 crore) in its Series C funding round, led by Venturi Partners. The round also included new investors such as Nippon India Alternative Investments and Titan Capital, along with continued support from existing investors Fireside Ventures, RPSG Capital Ventures, Sauce VC, and Saama Capital.
Galux
South Korea–based biotech startup Galux has raised $29 million (KRW 42 billion) in its Series B funding round. The company uses AI technology to design protein-based medicines.
Matia
Matia is a startup that builds tools to help companies manage and organize their data better. The company has raised $21 million in a Series A funding round, led by Red Dot Capital Partners.
SiFi
Simplified Financial Solutions Company (Sifi) has raised $20 million in a Series A funding round. The round was led by Ra’ed Ventures and included both global and regional investors. Some of the key participants were QED Investors, Breyer Capital, MEVP, and local backers such as Sanabil Investments, Khawarizmi Ventures, SEEDRA Ventures, Rua Growth Fund, anb capital, and Tech Invest Com.
Pandorum Technologies
Biotechnology company Pandorum Technologies has raised $18 million in Series B funding, led by Protons Corporate.
Wellumio
A medical technology startup, Wellumio, has raised $7.28 million in the first close of its pre-Series A funding round.
Adora
Adora, an AI-powered platform that helps companies understand how users move through their products, has raised US$7 million (A$9.9 million) in Seed funding. The round was led by Blackbird Ventures, with support from Designer Fund, Skip Capital, Co Ventures, and Garuda Ventures.
Smart Bricks
Smart Bricks is a Dubai-based company building advanced AI technology for real estate investing. The startup has raised $5 million in a pre-seed funding round, led by Andreessen Horowitz (a16z Speedrun), with support from investors and angel backers from the US, Europe, and the Middle East.
Name the top 10 Asian Startups Funding Roundups for this week?
Splose, Brandlight, Supertails, Galux, Matia, SiFi, Pandorum Technologies, Wellumio, Adora, and Smart Bricks are the top 10 Asian Startups Funding Roundups for this week.
