Funding Wrap of The Week | Asian Startups Funding Roundup | 27 September – 02 October

HyperGuest 

Israeli travel tech company HyperGuest has Secures $25 million from AMI the mid market investment arm of Apax Partners. The company will use the funding to expand its global operations and develop technology for hotel distribution as AI becomes more involved in travel search and bookings. The latest investment takes HyperGuest’s total funding to $53 million.

Erad 

Saudi Arabia-based fintech erad has raised $22 million in Series A funding to expand its SME financing business across the GCC. The round was led by MEVP with participation from new investors including 500 Global, Saudi Venture Capital (SVC), S60 Ventures, ANB Capital, Conjunction Capital and Araya Ventures.

Nexcera 

South Korean biotech company Nexcera has raised $15 million (KRW 22 billion) in a Series B funding round to advance the U.S. clinical development of its eye-drop treatment for wet macular degeneration.

Woori Venture Partners, an existing investor, participated as the anchor investor. Existing backers KB Investment and BMI Korea also joined the round, along with new investors Yuanta Investment, Muir Woods Ventures and Mirae Asset Securities.

Rig Security

Israeli cybersecurity startup Rig Security has Secures $12 million in seed funding as it emerges from stealth. The round was co-led by Ten Eleven Ventures and Brightmind Partners with strategic participation from CrowdStrike’s Falcon Fund and additional backing from cybersecurity founders and executives including Wiz co-founder and CTO Ami Luttwak.

Arivihan 

AI-powered edtech startup Arivihan has Gets $10.2 million in Series A funding in a round co-led by existing investors Accel and Prosus Ventures.
The company will use the new capital to expand into more parts of India, develop new products for CBSE students, improve its AI and regional language capabilities and strengthen its offline distribution network.

Blue Fire AI

Singapore-based investment technology company Blue Fire AI has closed its latest funding round with US$9 million in total commitments following a strategic agreement with Japan’s Asset Management One (AM-One) and Mizuho Financial Group.

Trendspek

Australian infrastructure software startup Trendspek has raised $6 million in a funding round led by OIF Ventures. The company plans to use the new capital to expand into North America and Europe, strengthen product development, and grow its customer support and hiring efforts.

Amaani 

Dubai-based beauty and wellness company Amaani has raised $5 million in a Series A funding round led by BECO Capital to expand its consumer beauty brand AÏZA across the Gulf Cooperation Council (GCC) region.

Unveilr 

Unveilr  AI has Secures  seed funding from AJVC, the investment firm led by Aviral Bhatnagar, at a valuation of ₹16.7 crore(US$2 Mn). The company plans to use the capital to strengthen its engineering capabilities, expand its AI agents and build its sales team across India, the UAE and the US.

Vytalyou 

Mumbai-based preventive healthcare startup Vytalyou has raised $1.05 million in a pre-Series A funding round from Chetan Jain of Pharma Dose and Ratan Jain of Venus Industries. The funding values the company at around Rs 33 crore.

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

HyperGuest , Erad , Nexcera , Rig Security , Arivihan , Blue Fire AI , Trendspek , Amaani , Unveilr , Vytalyou are the top 10 Asian Startups Funding Roundups for this week.