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.
Asian Startups Funding Roundup
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Cornerstone Robotics
Cornerstone Robotics, a leading global innovator in surgical robotics, today announced that it has successfully raised over US$70 million in Series C financing led by EQT with participation from Qiming Venture Partners, Alpha JWC Ventures, the Innovation and Technology Venture Fund, eGarden Ventures, CTS Funds, K2VC, Long-Z Capital, etc.
Sygnum
Global digital asset banking group Sygnum announces it has raised a total of USD 58 million in its oversubscribed Strategic Growth Round, giving it a post-money valuation of more than 1 billion.
Mirxes
Singapore-based Mirxes, a leading RNA technology company specializing in early cancer detection and precision medicine, announced a US$40 million structured financing transaction with CBC Group’s R-Bridge Healthcare Fund (“R-Bridge”). This partnership will provide critical support for Mirxes’ ambitious growth and expansion into key global markets.
Orchid Security
Israel-based Orchid Security, an emerging leader in identity-first security orchestration, has raised $36 million in seed funding. Co-led by Team8 and Intel Capital, with the support of CapitalOne and industry leaders including Jeff Williams (FireEye, Cisco, McAfee), Dror Davidoff (Aqua), and Zohar Alon (Dome9, Check Point).
qbiq AI
Israel-based qbiq, the largest and one of the first AI companies focused on automating architectural planning, today announced the closing of a $16 million Series A round led by global software investor Insight Partners. The round included participation from JLL Spark, 10D, Ocean Azul, Random Forest and M-Fund.
Reeco
Israel-based Reeco, the leading AI-driven procure-to-pay platform for the hospitality industry, has secured $15 million in Series A funding. This investment will fuel the company’s strategic growth initiatives, including the accelerated advancement of the Reeco platform.
Jotit
Israel-based Jotit, a platform designed to simplify and streamline learning in the digital age, has announced the successful close of its $10 million Seed Round led by Owl Ventures. Other key investors include Good Company VC, Cresson Management, Two Lanterns VC, One Line VC, Paul Volosov, Guy Gamzu, Amit Gilon and MindCET Capital.
ControlMonkey
Israel-based ControlMonkey, the breakthrough end-to-end cloud automation platform offering “Total Cloud Control with Terraform,” announces its global launch and the close of a $7 million seed round, co-led by lool ventures and Joule Ventures.
Halo AI
Halo AI, the company transforming how brands and creators collaborate, announced the closing of a $6 million seed funding round. Led by Raed Ventures and Shorooq, the round included strategic investors such as former C-level executives from Snapchat, leaders from Microsoft and Airbnb, senior executives from Amazon, and pioneering investors behind gaming industry unicorns.
Bythen
Indonesia-based Bythen has secured US$5 million (RM22.5 million) in a seed financing round led by Vector Inc. and Skystar Capital, with participation from East Ventures, BEENEXT, OSK, and AppWorks. Notable angel investors, including William Tanuwijaya, co-founder of Tokopedia, and Ryan Lee, co-founder of Pinkfong Company, also participated in the round.
Conclusion
From January 13 to 17, Asian startups received varied funding. From fintech to deep tech, the region remains robust and ready to attract more investors next week. This increase in funding is a testament to the continuing opportunities for startups in Asia. Next week, we will provide the Asian Startups Funding Roundup, highlighting Asia’s startup ecosystem.
frequently asked questions (FAQ)
Name the top 10 Asian Startups Funding Roundups for this week?
Cornerstone Robotics, Sygnum, Mirxes, Orchid Security, qbiq AI, Reeco, Jotit, ControlMonkey, Halo AI and Bythen.
