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.
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Asian Startups Funding Roundup
Bolttech
On Wednesday, Singapore-based insurance tech company Bolttech announced that it had raised $147 million in its Series C funding round. This new investment brings the company’s value to $2.1 billion.
Udaan
Business-to-business (B2B) e-commerce platform Udaan has raised $114 million in its Series G funding round. The round was led by M&G Investments and Lightspeed, with support from both current and new investors.
Syfe
Singapore’s digital investment platform Syfe has raised $80 million in its latest Series C funding round.
Zero Networks
Zero Networks, a cybersecurity startup from Tel Aviv has raised $55 million in Series C funding round. They want to bring back an important but often overlooked idea in network security called micro-segmentation.
EIGHTClouds
EIGHTClouds, an investment company based in the UAE, has successfully raised $20 million in just 11 months—much faster than their original plan of 24 months.
Stable Money
Bengaluru-based wealthtech company Stable Money has raised $20 million (about INR 173 crore) in a new funding round. The round was led by Fundamentum Partnership, with support from existing investors Z47, RTP Global, and Lightspeed.
QureBio
QureBio, a company from Shanghai, China, that creates special antibody and protein medicines, has raised almost CNY 100 million (about $14 million) in Series C1 funding.
Thunder Code
Thunder Code, a company from Tunisia, has raised $9 million in early funding. This money will help the team improve their platform, make their AI technology stronger, and grow into international markets.
Colugo
Colugo Systems, an Israeli company that makes electric drones for both military and civilian use, has raised $8.5 million in its first funding round. Ayalon Insurance and Finance led the investment, valuing the company at $65 million before the new funding.
Loantap
Loantap, a digital lending platform based in Pune, has raised $6.2 million in new funding. The investment round was led by July Ventures, with support from existing investors like 3one4 Capital, Avaana Capital, Kae Capital, and the Swapurna Family Office.
Name the top 10 Asian Startups Funding Roundups for this week?
Bolttech, Udaan, Syfe, Zero Networks, Speedata, MIND, EIGHTClouds, Stable Money, QureBio and Thunder Code are the top 10 Asian Startups Funding Roundups for this week.
