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.
Comfi
Dubai-based fintech startup Comfi, which provides financial services to businesses, has raised US$65 million in a pre-Series A funding round that includes both equity and debt. The company will use this money to grow its operations and expand into more markets across the MENA region (Middle East and North Africa).
Snabbit
Snabbit, a home services platform, has raised US$56 million (around ₹530 crore) in a new funding round.
Liquid Instruments
Liquid Instruments, a company that builds software-based testing tools, has raised US$50 million in its Series C funding round. The round was co-led by Keysight Technologies and the National Reconstruction Fund Corporation. As part of the deal, Keysight will also work with Liquid Instruments to develop new AI-powered testing solutions.
Featherless AI
Featherless.ai, a platform that helps run open-source AI, has raised US$20 million in a Series A funding round. The goal is to give companies more freedom and control over how they use AI.
Definity
Definity, a startup that builds software to help companies manage their data systems, has raised US$12 million in Series A funding. This takes its total funding so far to US$16.5 million.
Udora
Dubai-based gifting platform Udora has raised US$10 million in a private funding round. The company plans to use this money to grow its business across the Middle East.
Cube
Cube, a startup that tracks online shopping markets for brands, internet platforms, and investors, has raised US$3.7 million in a Series A funding round.
Lola
Lola, a fast-growing platform for ordering and customizing cakes, has raised US$3 million in seed funding. The round was led by Vision Ventures, with participation from Aljazira Capital, Seedra Ventures, Plus VC, and other investors, showing strong confidence in its business.
Ctruh
Deep-tech startup Ctruh has raised US$2.5 million in a seed funding round led by Inflection Point Ventures.
Name the top 10 Asian Startups Funding Roundups for this week?
Comfi, Snabbit, Liquid Instruments, Featherless.ai, Definity, Udora, FORMAS.AI, Cube, Lola, and Ctruh are the top 10 Asian Startups Funding Roundups for this week.
