Funding Wrap of The Week | Asian Startups Funding Roundup | 19 July – 24 July

Glow

Glow, an AI-powered endpoint security startup has officially come out of stealth mode after raising US$180 million in funding. The company is now valued at US$1.2 billion and aims to help businesses better protect their devices from cyber threats.

Neo

Neo, an Agentic Software Control startup, has emerged from stealth with US$100 million in funding. The investment was led by Andreessen Horowitz and Bessemer Venture Partners, with participation from Craft Ventures and Merlin Ventures.

BusinessNext

BusinessNext, an AI-powered banking software startup based in Noida, has raised US$40 million in a Series C funding round. The investment came from ServiceNow Ventures, the investment arm of ServiceNow, valuing the company at US$700 million.

Raghu Vamsi Aerospace

Raghu Vamsi Aerospace Group (RVAG), a Hyderabad-based precision manufacturing and deep-tech company, has raised US$40 million (around ₹400 crore) in its latest funding round.

Elio

Israeli startup Elio has raised $21 million in Series A funding. The company will use the money to bring its new sensor technology to the market and grow its business.

ASIO Technologies

Israeli defense technology startup ASIO Technologies has raised US$15 million in its first funding round.

CARPL.ai

Delhi NCR-based healthtech startup CARPL.ai has raised US$10 million in Series A funding. The company develops an AI-powered platform that helps radiologists analyze medical images more efficiently.

Labby

Syrian super app Labby has raised US$10 million in funding from a group of investors based in the UAE and Saudi Arabia. The investment will help the company grow its services and expand its business.

Wellumio

Wellumio, a New Zealand medical technology company has raised $9.75 million in an oversubscribed pre-Series A funding round. The funding round was led by Nuance Connected Capital. Other investors included Icehouse Ventures, NZ Growth Capital Partners (NZGCP)'s Aspire Seed Fund, Pacific Channel, Booster, and Cure Kids Ventures.

Reme-D

Egyptian healthtech startup Reme-D has raised US$1.45 million in a Pre-Series A funding round. The investment was led by Anara Impact Capital, with support from the Global Innovation Fund, Africa Health Ventures, and other investors.

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

Glow, Neo, BusinessNext, Raghu Vamsi Aerospace, Elio, ASIO Technologies, CARPL.ai, Labby, Wellumio, and Reme-D are the top 10 Asian Startups Funding Roundups for this week.