Funding Wrap of The Week | Asian Startups Funding Roundup | 02 August – 07 August

Acrab

Acrab has raised US$130 million in a Series B funding round. The company received continued support from existing investors Vertex Ventures SEA & India and Vertex Growth, along with new institutional investors from Europe and Southeast Asia.

River Mobility

Bengaluru-based electric two-wheeler company River Mobility has raised US$120 million in a Series C funding round. The investment includes both equity funding and venture debt. It is one of the biggest private growth-stage funding rounds in India's electric two-wheeler industry.

Faye

Faye, a travel fintech startup, has raised US$50 million in a Series C funding round. With this latest investment, the company's total funding has reached $100 million.

InRisk Labs

InRisk Labs, an insurtech startup based in Ahmedabad, has raised US$27 million (around ₹256 crore) in a Series A funding round. The round was co-led by Bessemer Venture Partners and Northpoint Capital.

X Mile

X Mile, a Tokyo-based startup, has raised 3.2 billion yen (US$20 million) in a Series C funding round.

HomeRun

HomeRun, a construction materials quick-commerce startup based in Bengaluru, has raised US$12 million in a Series A+ funding round.

Arrakis Security

Israeli cybersecurity startup Arrakis Security has raised US$8 million in Seed funding. The company is using this investment to develop a platform that helps businesses monitor and manage the actions of AI agents.

IAIG

IAIG (Inevitable AI Group) has raised US$6 million in a pre-seed funding round. The investment was led by Aleph, with participation from several well-known angel investors.

Enrola

Enrola has raised US$2.1 million in Seed funding to develop AI agents that help consumer-facing businesses engage potential customers and increase sales.

Rime

Saudi startup Rime, which develops AI solutions for business operations, has raised more than US$2 million in a Seed funding round.

Name the top 10 Asian Startups Funding Roundups for this week?

Acrab, River Mobility, Faye, InRisk Labs, X Mile, HomeRun, Arrakis Security, IAIG, Enrola, and Rime are the top 10 Asian Startups Funding Roundups for this week.