Funding Wrap of The Week | Asian Startups Funding Roundup | 25 October – 30 October

This week’s funding roundup highlights investment activity across AI, deeptech, healthcare, and fintech. Startups raised funds to develop new technologies, expand operations, and enter new markets. AI and deeptech remained key areas of investor interest, while healthcare and fintech companies also attracted funding. Overall, the deals reflect continued investor confidence in Asia’s growing startup ecosystem.

Industry-wise Overview

Asia’s Biggest Startup Funding Deals

FuriosaAI

South Korean AI chip startup FuriosaAI has Closes $620 million in a Series D funding round, increasing its valuation to $2.9 billion. The new valuation is nearly four times its previous valuation of $735 million.

The funding round was led by US-based Infinitum Partners, with participation from Jericho Capital, Worldline Capital, Singapore-based QUDA Capital, and Abu Dhabi-based NeoFort Holding.

Elbit Systems

Elbit Systems has secured contracts worth approximately $200 million from an undisclosed country in Asia-Pacific to supply airborne surveillance, targeting and pilot training solutions. The contracts will be carried out over a period of up to five years.

PhotonPay

Hong Kong-based fintech company PhotonPay has Secures $40 million in a Series C funding round led by Blockchain Capital to expand its stablecoin-based financial infrastructure and strengthen global payment services.

MP Space

MP Space has secured US$16 million in seed funding with the round led by Blackbird. The startup based in Sydney will use the money to expand the production of batteries and electrical power systems for satellites and other spacecraft.

Cent

Cent, an India-based preventive healthcare startup, has raised $15 million in a Series A funding round co-led by Blume Ventures and South Park Commons. The company will use the funding to strengthen its medical hardware, artificial intelligence (AI) capabilities and clinical research.

Live2.ai

Live2.ai has Secures Rs 130 crore ($14 million) in a pre-Series B funding round led by IvyCap Ventures. The Bengaluru-based company will use the investment to expand its AI agent platform, strengthen its technology infrastructure, and increase its presence in international markets.

Rently

Singapore-based proptech startup Rently has secured a $12 million growth credit facility from January Capital to expand its rental payment services across Singapore, Hong Kong, the UAE and new markets. The funding will help the company finance more rental transactions, acquire customers and strengthen its existing services.

Stryv

Singapore-based care and home wellness company Stryv has Secures US$11.5 million in its Series B funding round led by ACV Capital and joined by Openspace Capital, OCTAVE Capital and other investors.

Omnichat

Omnichat has Secures US$10 million in a Series A funding round led by Openspace Capital, with participation from Darwin Ventures and Acorn Pacific Ventures. The Hong Kong-based company will use the funds to improve its AI agent platform, invest in research and development, and expand its global presence.

Zero Industries

Zero Industries, a Japan-linked space technology startup based in San Francisco, has Secures $3 million in pre-seed funding to develop a laser-based power transmission network for satellites. The company plans to use the funding to advance its technology, build prototypes, hire engineers and establish industrial partnerships.

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

FuriosaAI, Elbit Systems, PhotonPay, MP Space, Cent, Live2.ai, Rently, Stryv, Omnichat, Zero Industries

Read Also -  Funding Wrap of The Week | Asian Startups Funding Roundup | 18 October – 23 October