Funding Wrap of The Week | Asian Startups Funding Roundup | 11 October – 16 October

Tessolve

Tessolve Semiconductor has Closes $75 million in a funding round led by Vector Line Capital, with participation from existing investors TPG and Novo Tellus Capital Partners. The company will use the capital to pursue strategic acquisitions, expand its semiconductor engineering services, and strengthen its global presence.

Sankai 

China-based Zhejiang Sankai Electromechanical has Secures more than $70 million in Series B funding to strengthen its production capacity, advance robotics technology, and develop precision gear reducers for humanoid robots.

Pluto Security

Israeli-founded AI security startup Pluto Security has Closes approximately $42.5 million in funding to help businesses identify and manage security risks linked to the use of artificial intelligence (AI) tools and agents. The company has teams in the United States and Israel and recently emerged from stealth.

Boldfit

Bengaluru-based sports and fitness brand Boldfit has Closes over Rs 400 crore (approximately $42 million) in a Series B funding round led by Bharat Value Fund, managed by The Wealth Company Alternates, part of the Pantomath Group. Existing investor Bessemer Venture Partners also participated in the round.

Origin

Origin, a physical AI startup developing robots for interior construction, has Closes $20 million in a funding round co-led by Accel and Zacua Ventures. The company will use the capital to expand its robot fleet, deploy its flagship OG-1 robot and conduct customer pilots across the United States and Europe.

Nobikan 

Nobikan Artificial Intelligence Technology has Secures approximately $16.3 million through a post-IPO equity placement to strengthen its artificial intelligence (AI) technology and expand its AI infrastructure capabilities. The Hong Kong-listed company plans to invest in core AI research, AI agent platforms, model-as-a-service offerings, and computing infrastructure.

Mesa School of Business

Bengaluru-based Mesa School of Business has Closes $12.7 million (Rs 110 crore) in a Series A funding round co-led by Dharana Capital and existing investor Elevation Capital. The company will use the funds to integrate intelligence (AI) into its courses introduce new programmes strengthen its leadership team and expand partnerships with startups.

OQT 

South Korean quantum computing startup OQT has Secures $10.5 million in pre-Series A funding, led by DSC Investment, to advance error-tolerant quantum computers and develop systems for industrial and research applications.

Salary Hero 

Salary Hero, a Bangkok-based financial health platform, has raised $7.6 million in Series A equity funding to expand its operations in Malaysia and improve access to financial services for workers.The funding round was led by Singapore-based Cento Ventures, with participation from Malaysia-based Kairous Capital and M Venture Partners.

NEU Battery Materials 

Singapore-based NEU Battery Materials has Secures $7.6 million in a funding round that was more popular than expected. The round was co-led by Shift4Good and SGInnovate. This money will help the company grow its lithium recovery technology boost its production capacity and plan for expansion outside Singapore.

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

Tessolve, Sankai , Pluto Security, Boldfit, Origin, Nobikan, Mesa School of Business, OQT, Salary Hero, NEU Battery Materials, are the top 10 Asian Startups Funding Roundups for this week.

Read Also - Funding Wrap of The Week | Asian Startups Funding Roundup | 04 October – 09 October