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
Table of Contents
Digital Edge
Digital Edge (Singapore) Holdings Pte Ltd. (“Digital Edge”), a leading developer and operator of interconnection and hyperscale edge data centers across Asia and portfolio company of Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, has raised over US$1.6 billion in new capital through a combination of equity and debt financing to fuel its next phase of growth.
Innovaccer
Innovaccer Inc., a leading healthcare AI company, announced a $275M Series F funding round. The round was a combination of primary and secondary, and includes participation from B Capital Group, Banner Health, Danaher Ventures LLC, Generation Investment Management, Kaiser Permanente, and M12.
Zension Technologies
Saudi Arabia-based Zension Technologies has raised a Series A round of $30 million led by Wa’ed Ventures, the $500 million VC arm wholly owned by Saudi Aramco, with participation from Japanese Sumitomo Corporation and Dubai-based Global Ventures to disrupt the traditional model of ownership of personal tech devices.
Weimai
Weimai, a leading provider of one-stop digital healthcare solutions in China, has completed a Series D funding round, raising 200 million yuan ($27.3 million).
Harsoria Healthcare
medical devices manufacturer, Harsoria Healthcare has secured $20 Mn From Tata Capital Healthcare Fund, a growth-oriented private equity fund focused on the healthcare and life sciences sector in India. The round also saw participation from investors like Utpal Sheth, Ashish Kacholia, and the LNB Group.
Endowus
Singapore-based Endowus, the first digital advisor for CPF, SRS, and cash savings has secured $17.5 million in funding, bringing total funding to US$110 million. The latest funding round includes existing investors Prosus Ventures, UBS, and MUFG, as well as newcomers Osk Ventures, The Wells Investment, and Jlin Llc. Endowus secured US$35 million funding last year.
Fermata
Israel-based Fermata has raised $10 million in a Series A funding round led by Raw Ventures. Fermata is a data science company developing computer vision solutions for both controlled environment agriculture and outdoor.
Beyond Snack
Banana chips brand Beyond Snack has raised $8.3 million in a Series A funding round led by 12 Flags Group, a consumer-focused fund set up by Rakesh Kapoor, the former global CEO of Reckitt Benckiser.
Senseera
Senseera, a Jerusalem-based liquid biopsy company pioneering chromatin epigenomics, announced the successful close of a $7.1 million seed funding round led by Lightspeed Venture Partners, with participation from I-Next Capital and the Lowy Medical Research Institute.
Pepticom
Pepticom, a pioneer in AI-driven peptide-based therapeutics, announced the successful completion of its Series A1 funding round, securing $6.6 million. Japan Israel High Tech Ventures 2 LP led the round, with strong participation from existing investors.
Conclusion
From January 5 to 10, 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?
Digital Edge, Innovaccer, Zension Technologies, Weimai, Harsoria Healthcare, Endowus, Fermata, Beyond Snack, Senseera, and Pepticom.