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.
Table of Contents
Decart
Artificial intelligence company Decart has raised $100 million at a valuation of $3.1 billion. In its previous funding round at the end of last year, the company was valued at significantly less than $1 billion.
Capitolis
Israeli fintech company Capitolis has raised $56 million from several major banks, including Barclays, J.P. Morgan, and BNP Paribas.
METiS Technologies
METiS Technologies is a company based in Beijing, China. It uses AI to develop advanced drug delivery systems with nanotechnology.The company has raised 400 million RMB in Series D funding.
The Sleep Company
The Sleep Company, a direct-to-consumer (D2C) startup, has raised INR 480 crore in a funding round. The money came from a mix of new shares (primary) and existing shares (secondary), with investments from ChrysCapital and 360 One Asset.
Alaan
Alaan, a spend management platform for businesses based in the UAE, has raised $48 million in a Series A funding round—one of the largest of its kind in the region.
Lorikeet
Lorikeet is a Sydney-based company in Australia that helps businesses build AI concierges—smart assistants that can talk to customers and answer their questions.The company has raised $35 million in a Series A funding round to grow its business and improve its AI technology.
Salasa
Salasa, a Saudi platform that provides e-commerce implementation services, has announced the completion of a $30 million Series B funding round.
Kotoba Technologies
Kotoba Technologies is a company based in Tokyo, Japan. It makes AI models used in real-time speech applications.The company has raised $11.83 million in Seed 2 funding.
SixSense
SixSense, a Singapore-based AI company that helps improve semiconductor manufacturing, has raised a new round of funding. The investment was led by Peak XV’s Surge (earlier known as Sequoia India & SEA), with support from Alpha Intelligence Capital, Febe, and others.
Boxy
Iraqi e-commerce startup Boxy has raised $1.5 million in a pre-seed funding round. The investment was led by EQIQ.
Name the top 10 Asian Startups Funding Roundups for this week?
Decart, Capitolis, METiS Technologies, The Sleep Company, Alaan, Lorikeet, Salasa, Kotoba Technologies, SixSense, and Boxy are the top 10 Asian Startups Funding Roundups for this week.
