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.
Armis
Armis, a cybersecurity company founded in Israel, has raised $435 million in new funding. This puts the company’s value at $6.1 billion, making it one of the biggest private funding rounds in the cybersecurity industry this year.
Synchron
The Australian government’s $15 billion National Reconstruction Fund (NRF) has invested $54 million in Synchron, a medical technology company that develops brain-computer interface (BCI) devices. This investment is part of Synchron’s US$200 million (A$305 million) Series D funding round.
Giga
AI startup Giga has raised $61 million in a Series A funding round led by Redpoint Ventures, with support from Y Combinator and Nexus Venture Partners.
Video Rebirth
Singapore-based AI video startup Video Rebirth has raised $50 million in fresh funding.The funding round saw participation from several global investors, showing growing interest in the company’s AI-powered video technology.
Lighthouse Canton
Singapore-based investment firm Lighthouse Canton has raised $40 million in a strategic funding round led by Peak XV Partners. The round also included Nextinfinity, while Qatar Insurance Company (QIC), an early investor, continues to support the firm’s growth.
Daylight
Israeli cybersecurity startup Daylight has raised $33 million in a Series A funding round. The round was led by Craft Ventures, with support from Bain Capital Ventures, Maple VC, and several well-known founders from Israel’s cybersecurity industry.
CloudMile
CloudMile, an AI company based in Taiwan, has raised US$20 million in strategic funding to expand its AI products and services across Southeast Asia.
Paywatch
Kuala Lumpur-based fintech company Paywatch has raised US$20 million in its Series A funding round. The investment came from South Korea’s Kakao Pay and Malaysia’s Artem Ventures.
Hullbot
Hullbot, a Sydney-based robotics startup, has raised AUD $16 million in Series A funding to grow its business.
Mantayay
Mantayay Global Holdings Pte Ltd, a company focused on the creator economy and digital media, announced that it has raised $5 million in funding. The round was led by Kairous Capital through its Kairous Asia Venture Fund II (SEA).
Name the top 10 Asian Startups Funding Roundups for this week?
Armis, Synchron, Giga, Video Rebirth, Lighthouse Canton, Daylight, CloudMile, Paywatch, Hullbot, and Mantayay are the top 10 Asian Startups Funding Roundups for this week.
