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.
ScaleOps
ScaleOps, a platform that helps manage cloud and AI resources automatically, has raised $130 million. This funding values the company at over $800 million.
Qodo
Qodo, a platform that uses AI to review code and manage development processes, has raised US$70 million in a Series B funding round. This brings the company’s total funding to $120 million.
Palmonas
Jewellery brand Palmonas has raised US$40 million (around INR 375 crore) in its Series B funding round. The round was led by Xponentia Capital and Vertex Growth Fund.
PolicyStreet
PolicyStreet has raised US$21 million in the first part of its Series C funding round. The round was led by Cool Japan Fund, with existing investors Altara Ventures and Gobi Partners also investing again.
Bellatrix Aerospace
Space technology startup Bellatrix Aerospace has raised US$20 million in a pre-Series B funding round led by Cactus Partners.
Scala Biodesign
Biotechnology company Scala Biodesign has raised US$16 million in a Series A funding round led by Grove Ventures, with support from TLV Partners, Deep Insight, and other investors.
CarniStore
UAE-based e-commerce platform CarniStore has raised US$12.2 million (AED 45 million) through a strategic minority investment from Emirates Growth Fund (EGF).
Huskeys
Israeli cybersecurity startup Huskeys has raised US$8 million in Seed funding, aiming to solve a long-standing problem in web application security.
Fanon
Fanon, a platform made for fan storytelling and discussions, has raised US$1 million in pre-seed funding. The round was co-led by Kalaari Capital and Gruhas, and it is the company’s first major funding as it plans to grow globally.
Nightify
Thailand-based Nightify has raised US$500,000 in a seed funding round. The round was led by A2D Ventures, with support from angel investors from industries like hospitality, retail, and consumer businesses.
Name the top 10 Asian Startups Funding Roundups for this week?
ScaleOps, Qodo, Palmonas, PolicyStreet, Bellatrix Aerospace, Scala Biodesign, CarniStore, Huskeys, Fanon, and Nightify are the top 10 Asian Startups Funding Roundups for this week.
