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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eyewa
eyewa, the region’s largest and fastest-growing eyewear retailer, has raised $100 million in its Series C funding round, led by General Atlantic, a leading global growth investor, and with participation from Badwa Capital and Turmeric Capital.
Eon
Israel-based Eon, the next-generation cloud backup platform, announced today that it has raised a $70 million Series C funding round led by BOND, growing its valuation to $1.4 billion.
Pyramid Analytics
Israel-based Pyramid Analytics, a market-leading, AI-driven analytics and decision intelligence company, announced it has raised $50M in new financing from funds and accounts managed by BlackRock Capital Investment Advisors, LLC (“BlackRock”).
Allink Biotherapeutics
China-based Allink Biotherapeutics, a clinical-stage biotechnology company pioneering next-generation bispecific antibody and antibody-drug conjugate (ADC) therapeutics, today announced the successful completion of a $42 million Series A financing.
WadzPay
WadzPay Worldwide Pte. Ltd.(“WadzPay”), a leading innovator in the blockchain technology and financial services company, today announced that it has secured a capital commitment of SGD 50 million (approx. 36.7 Mn) in the form of a Share Subscription Facility (SSF) from GEM Global Yield LLC SCS (“GEM”).
Appcharge
Israel-based Appcharge, the leading direct-to-consumer platform, is excited to share a $26 million Series A funding round, led by Creandum, with participation from Supercell, BITKRAFT Ventures, Moneta Ventures and Corundum, alongside existing investors Play Ventures, Glilot Capital Partners, and angel investors.
Capitolis
Israel-based Capitolis, the technology company helping to create safer and more vibrant capital markets, today announced new strategic investments from four leading global banks.
Cipher
Saudi venture capital firm Impact46 has announced a pre-IPO investment of SAR50 million (over $13.3 million) in the Saudi Arabia-based cybersecurity startup Cipher.
Habitto
Habitto, a Japanese startup aiming to alleviate the financial worries of the younger generation, has raised 1.8 billion yen in a Series A funding round.
MediSun Energy
MediSun Energy, a company specializing in advanced osmotic (blue) energy technology, has successfully secured US$8.75 million in Seed financing round and established a strategic partnership with Southeast Asian venture capital firm Vynn Capital.
Conclusion
From November 17 to 22, 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?
eyewa, Eon, Pyramid Analytics, Allink Biotherapeutics, WadzPay, Appcharge, Capitolis, Cipher, Habitto, and MediSun Energy
How much total funding did all startups secure this week?
These startups secured $268.40 million this week.
