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
Fractal
Fractal Analytics, an AI company, has raised $170 million (about ₹1,461 crore). This makes the company worth $2.44 billion (₹20,978 crore). The money came from selling 6% of its shares by its old investor, Apax Partners.
TVM Capital Healthcare
TVM Capital Healthcare has closed its Series B funding round for Baraya Extended Care, raising a total of $124 million—more than its original goal. Baraya is a leading provider of long-term care and rehabilitation services in Saudi Arabia.
Exodigo
Exodigo, a company that makes technology to map what’s underground, has raised $96 million in a new round of funding (called a Series B round). While the company didn’t share exactly how much it’s worth now, people estimate its value to be around $700 million.
Illimis Therapeutics
Illimis Therapeutics, a biotech company based in Seoul, South Korea, focuses on diseases related to the brain and immune system.The company has raised $42 million in Series B funding to support its research and growth.
PayU
PayU, a digital payments platform, has received an extra investment of INR 303 crore (about $35.6 million) from its parent company, Prosus.
QpiAI
Indian quantum computing startup QpiAI has raised $32 million (about ₹279 crore) in its Series A funding round. Avataar Ventures and the National Quantum Mission led the funding.
XTEND
XTEND, a company that makes advanced robotic systems for tactical use, has raised an extra $30 million as part of its Series B funding round, which now totals $100 million. The funding was led by Aliya Capital Partners and Protego Ventures, with support from other investors like Claltech, Union-Tech Ventures, Chartered Group, and TAU Ventures.
Lucidya
Lucidya, the top AI-powered customer experience platform in the MENA region, has raised $30 million in its Series B funding round—the largest AI investment ever in the area.
Truemeds
Mumbai-based healthtech startup Truemeds has raised INR 174 crore (about $20 million) in its Series C funding round. The new investment came from Peak XV Partners.
TASS Vision
Uzbekistan-based startup TASS Vision has raised $1.42 million to help retailers gain real-time insights into customer behavior inside physical stores.
Name the top 10 Asian Startups Funding Roundups for this week?
Fractal, TVM Capital Healthcare, Exodigo, Illimis Therapeutics, PayU, QpiAI, XTEND, Lucidya, Truemeds, and TASS Vision are the top 10 Asian Startups Funding Roundups for this week.
