Funding Wrap of The Week | Asian Startups Funding Roundup | 31 May – 05 June

Cyera

AI and data security company Cyera has raised US$300 million in a new funding round, reaching a valuation of US$12 billion.

CargoX

CargoX, an autonomous delivery company based in the UAE, has raised US$250 million in funding. The investment round was led by BlueFive Capital and a group of other investors.

ZutaCore

ZutaCore, a company known for its waterless, direct-to-chip liquid cooling technology, has raised a US$100 million Series C funding round.

FirstClub

Quick commerce startup FirstClub has raised US$55 million (about Rs 512 crore) in a Series B funding round. The investment was led by Peak XV Partners and Sofina, with participation from existing investors Accel, RTP Global, and Paramark Ventures.

Honeycomb

Digital insurance company Honeycomb has raised US$40 million in a new funding round. The investment was led by Zeev Ventures, along with support from existing investor Ibex Investors and new investors like Peakline Alpha Partners, Meitar Partners, and Practical VC.

TrueFan AI

Video generation startup TrueFan AI has raised US$10 million in a Series A funding round. The investment was led by Baring Private Equity Partners India and Z3Partners, with additional support from IAN Alpha Fund and 3Lines Venture Capital.

ProLearn

Bengaluru-based edtech startup ProLearn has raised ₹30 crore (US$3.15 million) in a pre-seed funding round led by BEENEXT. The round also included participation from Eximius Ventures, Antler, and several angel investors.

I.W.G

Tokyo-based healthtech startup I.W.G Inc. has raised US$1.8 million in a pre-Series A funding round led by Golden Gate Ventures. Other investors included Antler and several individual backers, including radiologist and entrepreneur Dr. Toshihiko Sato.

Oscorp Energy

Sydney-based robotics startup Oscorp Energy has raised A$1.3 million (US$926,000) in pre-seed funding. The investment round was led by Atlas's AI VB fund from Europe, with additional support from Antler and Antipodean Capital.

Nardo

Australian sports technology startup Nardo has raised AU$1 million (US$716,000) in a pre-seed funding round. Former Australian football star Tim Cahill invested in the company and has also joined Nardo as a strategic partner.

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

Cyera, CargoX, ZutaCore, FirstClub, Honeycomb, TrueFan AI, ProLearn, I.W.G, Oscorp Energy, and Nardo are the top 10 Asian Startups Funding Roundups for this week.