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.
Syremis Therapeutics
Syremis Therapeutics, a newly launched clinical-stage biopharmaceutical company focused on severe mental illness, has secured $165 million in Series A financing to advance a pipeline targeting some of the most persistent gaps in psychiatric treatment.
PlasmaGen Biosciences
PlasmaGen Biosciences, a biopharmaceutical company that develops medicines from blood plasma, has raised INR 150 crore in a minority equity funding round led by ViNS Bioproducts.
CollegeDekho
CarDekho Group has invested $10 million in CollegeDekho, an education technology platform. This investment shows that CarDekho wants to grow its online marketplaces beyond just car-related services.
Prosperr io
Prosperr.io, a startup that uses AI for tax management, has raised $4 million in a seed funding round led by Jungle Ventures. Other investors, including Yatra Angel Network and Sadev Ventures also took part in the round.
Naxatra Labs
Naxatra Labs, a company that designs and makes electric motors for electric vehicles and industrial use, has raised $3 million in a Pre-Series A funding round led by Rainmatter.
Lucid Capital
Lucid Capital is a fintech company that started in the US and is now based in the UAE. It uses artificial intelligence to run automated trading systems.The company has raised $2.5 million in Seed funding. This money will be used to improve its trading technology and to further develop its AI research.
Newera.ai
Newera.ai, a startup based in Saudi Arabia, has raised $2.1 million (around SAR 8 million) in early-stage funding. The company works on generative AI solutions for businesses, and this funding will help it grow and expand its services across Saudi Arabia.
Blinq Mobility
Blinq Mobility is a new electric vehicle startup. It has raised INR 4.3 crore in a pre-seed funding round led by venture capital firm 8i Ventures.
Name the top 10 Asian Startups Funding Roundups for this week?
Syremis, PlasmaGen Biosciences, CollegeDekho, Prosperr.io, Naxatra Labs, Lucid Capital, Newera.ai, and Blinq Mobility are the top 10 Asian Startups Funding Roundups for this week.
