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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Eleos Health
Eleos Health, the leader in AI for behavioral health, announced a $60M Series C funding round led by Greenfield Partners, with participation from existing investors such as F-Prime Capital, Eight Roads, Menlo Ventures and ION — and new ones, including the Michael & Susan Dell Foundation, Union Tech Ventures and Centerstone. This round brings Eleos’ total funding to over $120M.
Rize
Rize, a leading real estate technology company in the Kingdom of Saudi Arabia, announced the closure of a Series A investment round worth SAR 132 million ($35 million), which includes a mix of equity and debt.
Mitiga
Israel-based Mitiga, the threat detection, investigation, and response solution for Cloud and SaaS, has raised $30 million in investment as the company drives exponential growth and broadens its customer base through geographic expansion, new channels and enhanced product capabilities.
Ati Motors
India-based Ati Motors, a leader in AI and autonomous robotics, announced a $20 million Series B investment led by Walden Catalyst Ventures (WCV) and NGP Capital (NGP) with participation from current investors including True Ventures, Exfinity Venture Partners, Athera Venture Partners and Blume Ventures.
Package.ai
Israel-based Package.ai, the AI-driven platform redefining customer engagement and last-mile logistics for big-box retailers, has raised $14M in a Series A funding round led by Susquehanna Growth Equity (SGE).
iMotorbike
Malaysia-based iMotorbike has secured $10 million in Series A funding round led by Headline, a global venture capital firm, with participation from other prominent venture capitals such as Ondine, 500 Global, Gobi Partners, Astor Management, and Endeavor Catalyst.
Doti AI
Doti AI, a Work AI platform enabling enterprises to securely access and leverage internal knowledge in real time, has raised $7 million in seed funding round led by F2 Venture Capital, with participation from notable angel investors including Jared Kasner, General Partner at Ineffable Ventures, and Guy Flechter, serial entrepreneur and CEO of Sola Security.
uHoo
uHoo, a leading provider of smart indoor environmental quality (IEQ) monitoring and management solutions, has announced the successful close of a US$3.7 million funding round, comprising equity and debt.
Ogram
Ogram, the region’s first digital on-demand staffing platform secured $3 million from Tenami Capital which enables its Saudi Arabia market entry through retail and hospitality services.
Arable
Arable, a Saudi-based AgriTech startup co-founded by Lawrence Ong (CEO) and Christina Khalife (COO), with the collaboration of Executive Partners Marc and Anthony Eid, has announced the successful closure of a $2.55 million Seed funding round to pioneer sustainable hydroponic farming in the Kingdom.
Conclusion
From January 19 to 24, 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?
Eleos Health, Rize, Mitiga, Ati Motors, Package.ai, iMotorbike, Doti AI, uHoo, Ogram, and Arable.
