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Singapore-based BuildBear Labs announce a successful fundraising journey, securing approximately USD 1.9M to propel the growth of its flagship platform. The round was co-led by Superscrypt, Tribe Capital, 1kx, with participation from Iterative, Plug-N-Play, and several notable angel investors including Kris Kaczor (creator of Typechain and DethCrypto), Ken Fromm (ex-Ethereum Enterprise Alliance), and many more.

BuildBear Labs Secures $1.9M to Advance Web3 Development Tools

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GoFluid.io, a Singapore-based fintech enabling flexible B2B purchase financing, raises US$5.2M in an equity round led by Insignia Ventures Partners. With US$1.8M raised in a seed round from Iterative and New Stack Ventures, the company brings its total funding to US$7M. The company looks to expand its product capabilities with this round and onboard bigger suppliers across industries to its platform.

Fluid Raises US$5.2M Series A Funding

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spacetech startup, SpaceFields has raised $800k in Seed Funding round led by HVB 88 Angels and O2 Angels Network. Other angel investors such as Vinners and Burla Angels and former L&TTS managing director and CEO Keshab Panda, Bharat Forge CEO Guru Biswal, Zuari Industries managing director Athar Shahab, Emaar India CEO Kalyan Chakrabarti among others also participated in funding round.

SpaceFields Secures $800k Seed Funding

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Addionics, a provider of next-generation battery technologies announced a planned $400 million investment into its U.S. manufacturing facilities as part of a multi-year roadmap to support domestic EV battery production. The growing demand for high-performance EV batteries has put unprecedented pressure on battery manufacturers to ramp up production and bring down costs. Once completed the factories will generate 3D copper foils to support 90GWh of battery capacity a year, representing an exponential increase in US copper foil production, a critical battery component currently underserved in the market.

Addionics Announces First U.S. Facility as Part of $400 Mn Investment

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Weave Living, Asia Pacific’s leading vertically integrated owner/developer/operator of rental accommodation with offices in Hong Kong, Singapore, Tokyo & Seoul has secured additional investment from existing shareholders Warburg Pincus and our Founder & Group CEO, Sachin Doshi.

Hong Kong-based Weave Living Secures Investment

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SFA is collaborating with Malaysia-based Venture Capital firms Artem Ventures and OSK Ventures International Berhad, and secondary partner 1337 Ventures to launch Project Tapir – supporting Singapore FinTechs in growing their business and entering the Malaysian market.

SFA Partners with Artem Ventures and OSK Ventures International Berhad

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Digital transformation software and services firm Trianz crossed a significant milestone in its journey in the form of a major growth equity investment from Capital Square Partners (CSP), based out of Singapore.

Trianz Announces Strategic Growth Capital Investment by Capital Square Partners

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Procredit Financing Corp, a Fintech start up which is part of a lending group funded by prominent VCs and business family offices based in Singapore and the Philippines has raised US$4.1 million pre-seed round of financing led by Integra Partners. Menardo Jimenez Family Office, M Venture Partners (MVP), Cento Ventures, Gobi Partners (Gobi-Core Philippine Fund), and several local angels also invested in pre-seed funding round.

Philippines-based ProCredit Raises US$4.1 Mn Pre-seed Funding

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UNOAsia,BRIA, DustPhotonics, Walko Food Company, Yulu, AltLayer, The Cloud, Loora, Faddom, and PURE EV are The Top 10 Asian Startups Funding Deals of This Week.

Funding Wrap of the Week | Asian Startups Funding Roundup |...

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Uber signed an MoU with Open Network for Digital Commerce (ONDC) to explore an integration with the network to expand the range of mobility offerings on the Uber app. The agreement with ONDC, a private non-profit organization established by the Department for Promotion of Industry and Internal Trade of Government of India, stands to strengthen Uber’s mission of bringing safe, affordable and reliable rides to all Indians.

Uber Partners with ONDC

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