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.
Rebellions
Rebellions Inc., a South Korean AI chip startup, has raised $250 million in its Series C funding round, valuing the company at $1.4 billion.
Kapiva
Kapiva, a direct-to-consumer (D2C) Ayurveda brand, has raised $60 million in Series D funding. The round was co-led by 360 ONE Asset and Vertex Growth, with support from existing investors Vertex Ventures and 3one4 Capital.
Neptune Robotics
Neptune Robotics has secured US$52 million in Series B funding, led by Granite Asia and supported strategically by NYK Line, one of the world’s largest shipping firms.
SWARMFARM
SWARMFARM Robotics has raised US$30 million in a Series B funding round. This comes after its Series A round of $12 million in February 2023.
Commcrete
Commcrete, an Israeli startup, has raised $29 million in Seed and Series A funding. The company is building handheld satellite communication systems designed for soldiers, first responders, and security teams working in tough and high-risk environments.
Gelt
Gelt, an Israeli startup, has raised $13 million in a Series A round. With this, the company’s total funding has reached $21.2 million.
Amber
Amber has raised $10 million to expand its home battery and EV automation technology to international markets. The funding came equally from UK energy company E.ON Next and local climate-focused investor Virescent Ventures.
UPFRONT
Dubai-based fintech startup UPFRONT has raised $10 million in a pre-seed funding round, including both equity and debt. The startup aims to solve a major problem for small and Javlnmedium-sized businesses (SMBs) in the MENA region: cash flow inefficiencies.
Aydi
Aydi, an AI-powered platform that helps farmers succeed, has raised $7.5 million in seed funding. The round was led by COTU Ventures, Daltex, and Nuwa Capital, with support from Magrabi Agriculture and Foundation Ventures.
Javln
Cloud-based insurance software company Javln has raised AUD$6 million (A$5.3 million) to expand into Australia.
Name the top 10 Asian Startups Funding Roundups for this week?
Rebellions, Kapiva, Neptune Robotics, SWARMFARM, Commcrete, Gelt, Amber, UPFRONT, Aydi, and Javln are the top 10 Asian Startups Funding Roundups for this week.
