Funding Wrap of The Week | Asian Startups Funding Roundup | 22 December – 27 December

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

EPACK Prefab

EPACK Prefab, a leading Pre-Engineered Building (PEB) company has secured $20 million in its first funding round from GEF Capital Partners, a global private equity firm.

FIZE Medical

FIZE Medical, a leader in fluid management optimization, is pleased to announce the successful closing of its $14 million Series A-4 funding round, led by Rapha Capital Management and its managed fund, Rapha Capital PE Life Sciences Fund VI, bringing total Series A funding to $29 million.

Captain Fresh

Bengaluru-based Seafood startup Captain Fresh has secured ₹100 crore (around $12 million) in funding, led by Motilal Oswal Wealth Limited, as per regulatory filings.

Univest 

Univest, a wealthtech startup based in Gurugram, India, has raised $10 Mn (around INR 85 Cr) in a Series A funding round led by Bertelsmann India Investments (BII), with participation from a host of undisclosed angel investors.

Freshket 

Thailand-based Freshket has secured US$8 million funding round led by led by Thai President Foods or TFMAMA and Kliff Capital with participation from existing investors, including Openspace and ECG Venture Capital.

Mindgrove Technologies

Mindgrove Technologies, a fabless semiconductor design startup, has raised USD $8 million in a Series A funding round. The round is co-led by Rocketship.vc and Speciale Invest, with participation from Mela Ventures and existing investors Peak XV Partners, Nishchay Goel and Whiteboard Capital along with new participation from Anshul Goel.

Ynmo

Wa’ed Ventures, the $500 million venture capital fund wholly owned by Saudi Aramco, has led a $5 million investment round in Ynmo, a Saudi company that specializes in providing educational and rehabilitation technology solutions for children, including children with disabilities.

Proxgy

IoT-based solutions provider, Proxgy has secured $3 million funding in Series A round led by India cricketer Ajinkya Rahane with participation from notable investors, including Nikhil Kamath, Bollywood superstar Suniel Shetty, industrialist Vinod Duggar, and key investor Manish Patel.

SustVest

Sustainable Investment Platform SustVest has secured $1.7 million funding in Pre-Series A round in mix of equity and debt Led by Inflection Point Ventures and Antler along with participation from WEH ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and others.

Leanworx

Bengaluru-based Leanworx, empower decision makers at all levels in manufacturing plants has secured INR 8.3 crore (approximately $1 million) funding inseed round led by YourNest Venture Capital with Rs 6.5 crore and Rs 1.5 crore from an angel investment group.

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