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.
Hypersonix
A Brisbane-based startup that is building hydrogen-powered aircraft engines and hypersonic drones (UAVs) has raised $46 million in a Series A funding round. NASA is also planning to test the company’s 3D-printed technology soon.The funding round for Hypersonix Launch Systems was led by UK national security investor High Tor Capital.
Mem0
Mem0, a company that builds memory infrastructure for AI applications, has raised $24 million in Series A funding led by Basis Set Ventures.
Reflectiz
Reflectiz, a cybersecurity company, has developed a platform that helps businesses protect their websites and manage online risks.The company has raised $22 million in a Series B funding round led by U.S.-based Fulcrum Equity Partners — its first investment in an Israeli startup. Other investors in the round include YYM Ventures, AFG Venture Group, and Capri Ventures.
Uluu
Perth-based sustainable materials startup Uluu has raised $16 million in a Series A round to build a facility that can turn seaweed into a natural alternative to plastic on a large scale.
VoidZero
VoidZero is a global remote company that creates open-source tools for JavaScript developers.It has raised $12.5 million in a Series A funding round led by Accel, with support from Peak XV Partners, Sunflower Capital, and several angel investors.
Impala AI
Impala AI, an Israeli startup, has come out of stealth mode after raising $11 million in a Seed funding round led by Viola Ventures and NFX. The company focuses on building infrastructure to help large businesses use artificial intelligence more effectively.
Human Health
Human Health, a patient care platform, has raised US$8.5 million to grow its global presence. The funding round was led by UK-based LocalGlobe, with support from Airtree, Skip Capital, Aliavia, Scale investors, and several angel investors.
MidLyr
MidLyr, an AI platform that helps financial institutions better manage risk and daily operations, has raised $2.5 million in pre-seed funding. The round was led by Silicon Badia, with support from Wedbush Ventures, Hustle Fund, DCG, and Story Ventures.
Logexa
Logexa, a logistics startup from Saudi Arabia, has raised $2 million in a Pre-Series A funding round. The company uses the power of the sharing economy to improve delivery and logistics services.
Huckleberry
New Zealand-based startup Huckleberry, which offers a voice-based 360° feedback platform, has raised NZ$2.1 million (US$1.84 million) in a pre-seed funding round.
Name the top 10 Asian Startups Funding Roundups for this week?
Hypersonix, Mem0, Reflectiz, Uluu, VoidZero, Impala AI, Human Health, MidLyr, Logexa, and Huckleberry are the top 10 Asian Startups Funding Roundups for this week.
