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
Whale
Singapore-based AI company Whale has raised over US$60 million through two recent funding rounds (Series C1 and C2). The money will help the company grow internationally and improve its AI products for businesses.
CureBay
CureBay, a healthcare platform focused on rural areas, has raised $21 million in its Series B funding round. The round was led by Bertelsmann India Investments, with support from Elevar Equity and British International Investment (BII), the UK’s development finance group.
Thndr
Thndr, a startup from Egypt, has announced a new investment of $15.7 million. The funding round is led by Prosus, a global investment firm and one of the largest tech investors in the world.
Mythik
Mythik, led by Jason Kothari, announced on Wednesday that it had raised $15 million in seed funding from a group of investors. The startup says this is the largest seed round ever in India’s media technology sector.
VUZ
VUZ, a company that creates immersive video experiences, has raised $12 million in a Pre-Series C funding round. The investment was led by the International Finance Corporation (IFC). The money will help VUZ grow its presence in Saudi Arabia and the UAE and support its expansion into Africa, Asia, and the United States.
Alt Carbon
Alt Carbon, a deep-tech startup focusing on science and data, has raised $12 million in a seed funding round. The round was led by investor Lachy Groom, with support from some of the company’s earlier backers.
Biostate AI
Biotech startup Biostate AI has raised $12 million in a Series A funding round led by Accel.
Gaingels, Mana Ventures, and InfoEdge Ventures joined this funding round with existing investors Matter Venture Partners, Vision Plus Capital, and Catapult Ventures.
Data Sutram
Data Sutram, a fintech startup that helps financial institutions prevent fraud and stay compliant with regulations, has raised $9 million in a Series A funding round. The round was co-led by the global venture firms B Capital and Lightspeed.
CrediLinq
CrediLinq, a company backed by 1982 Ventures, is a Singapore-based platform that uses artificial intelligence (AI) for embedded finance. Last Saturday, they announced that they’ve successfully raised $8.5 million in their Series A funding round.
ViAct
viAct, a tech company from Hong Kong that builds smart AI apps, has raised $7.3 million in new funding.
Name the top 10 Asian Startups Funding Roundups for this week?
Whale, CureBay, Thndr, Mythik, VUZ, Alt Carbon, Biostate AI, Data Sutram, CrediLinq, and viAct are the top 10 Asian Startups Funding Roundups for this week.
