Funding Wrap of The Week | Asian Startups Funding Roundup | March 17 – March 22

Asian Startups raised capital in order to expand and move into more successful. Here is this week’s Top 10 Asian Startups Funding Roundup.

The Top 10 Asian Startups Funding Roundup of This Week

Pocket FM

Pocket FM offers audio content, such as podcasts, audiobooks, and short stories. This Indian app provides a large selection of audio content in English, Hindi, Bengali, and Marathi, among other languages.

Pocket FM, situated in India, revealed on Wednesday that it has secured $103 million in Series D funding.

Moove

Moove raises $100 million in Series B investment, valued at $750 million. With the assistance of Uber and Mubadala.

Moove, a global finance firm for mobility that helps mobility entrepreneurs access car ownership globally, has raised $100 million in Series B funding at a valuation of $750 million.

Akulaku

Akulaku is one of Southeast Asia’s top digital financial and banking platforms. Through digital banking, digital lending, digital investment, and insurance brokerage services

Akulaku aims to assist underprivileged consumers in emerging markets with their everyday financial needs.

BigID

The $60 million growth funding round, which included Advent and Silver Lake Waterman and was led by Riverwood Capital, has been completed, the Israeli data security startup BigID.

BigID gives businesses the ability to understand their company data and take appropriate action for data-centric security, privacy, and AI innovation as well as governance.

Ultrahuman

Ultrahuman, an Indian health tech company, announced a $35 million debt and equity funding round on Wednesday.

Venture capital firms Blume Ventures, Steadview Capital, Nexus Venture Partners, Alpha Wave, and Zomato founder Deepinder Goyal participated in the series B fundraising round, according to a statement from Ultrahuman.

NeuReality

NeuReality, an AI firm supported by Series A venture financing, is transforming AI inference in data centers. 

With participation from Cardumen Capital, Glory Ventures, Alumni Venture Group, and Cleveland Avenue, the round led by the European Innovation Council (EIC) Fund, Varana Capital, XT Hi-Tech, and OurCrowd increased the total amount to $70M.

Kaya Founders

Kaya Founders, the venture capital company with its headquarters in the Philippines, is announcing the second closing of its two most recent funds, which are intended to support Southeast Asian technological start-ups of the future.

The company said in a statement on Wednesday that this raises the firm’s total assets under management (AUM) to PHP1.25 billion ($22.5 million).

MetaCene

MetaCene, a meta-MMO gaming platform situated in Singapore raised $10 million in venture capital.

Leading players in the market, such as The Spartan Group, Mantle EcoFund, Animoca Ventures, Longling Capital, Comma3 Ventures, IGG, and more, participated in the round led by Folius Ventures and SevenX Ventures.

QuantexAI

QuantexAI, an innovative startup in the field of Generative AI and Data Science, has announced its emergence from stealth mode, having successfully secured $1 million during its pre-seed funding round.

QuantexAI emerges from stealth with $1M pre-seed funding, democratizing data science for enterprise users.

Clusterlab

ClusterLab, secured pre-seed funding of $600,000 the business behind the Arabic audiobook summarizing app Reedz.

Prominent investors, such as Karim Beguir, early InstaDeep supporters, and local angel investors, have backed this round, demonstrating their great conviction in Clusterlab’s potential and vision.

Receiptable

Receiptable, a fintech company that creatively closes the data gap between banks and shops using digital receipts, is pleased to announce the addition of its first institutional investor.

The venture fund HP Spring Studios, which is supported by the international investment firm Hambro Perks and the Al Waha Fund of Funds, is leading the round.

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