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.
Truemeds
Truemeds, an online pharmacy that specializes in generic medicines, has raised $85 million in a new funding round led by Accel and Peak XV Partners.
Appcharge
Appcharge, an Israeli company that wants to improve how mobile games reach players and make money, has raised $58 million in a Series B funding round. The round was led by U.S. venture firm IVP, with participation from Russian gaming giant Playrix and existing investors like Creandum, Play Ventures, Glilot Capital Partners, Smilegate Investment, Moneta Ventures, BITKRAFT Ventures, and Corundum.
MYCRANE
MYCRANE Trading, a new company that sells, rents, and maintains cranes, is based in Dubai’s Jebel Ali Free Zone. It has secured $50 million in funding from an investment company in DIFC to launch its operations in the UAE.
Darwinbox
Darwinbox, a software-as-a-service (SaaS) company, has raised $40 million in funding from Teachers’ Venture Growth (TVG), the investment arm of Ontario Teachers’ Pension Plan that focuses on late-stage and growth companies.
Arintra
Arintra, a medical coding platform, has raised $21 million in a Series A funding round led by Peak XV Partners.
National Renewable Network
National Renewable Network (NRN), an energy infrastructure platform, has raised $17 million in a Series A round led by existing investors Investible and Virescent Ventures. Ecotone Partners also joined in through its new $25 million Planet Fund.
Graas
Graas.ai, an AI-powered data and automation company for e-commerce, has raised over $9 million in a pre-Series B funding round led by Tin Men Capital.
Syenta
Syenta, a startup that created a new way to build connections inside semiconductor chips for denser and more accurate wiring—helping processors handle the growing size and complexity of AI computing—has raised $8.8 million in pre-Series A funding to bring its technology to market.
Naluri
Naluri Pte Ltd, a Singapore-based provider of digital employee health and wellbeing services, announced on Tuesday that it has successfully raised $5 million in a Series B equity funding round.
Coraly
Coraly.ai (formerly Coralytics), a proptech company that helps real estate professionals generate and convert leads in the MENA region and beyond, has raised $2 million in a pre-seed funding round.
Name the top 10 Asian Startups Funding Roundups for this week?
Truemeds, Appcharge, MYCRANE, Darwinbox, Arintra, National Renewable Network, Graas, Syenta, Naluri, and Coraly are the top 10 Asian Startups Funding Roundups for this week.
