Tokyo’s LayerX Secures $100M to Tackle Enterprise Workflows with AI
Tokyo-based startup LayerX has secured ¥15 billion ($100 million) in a Series B funding round to accelerate the adoption of...
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Gobi Partners and HKIC Back $10M Series A for RushOwl’s Regional Growth
Singaporean mobility startup RushOwl has secured US$10 million in Series A funding to scale its ride-sharing platform and extend its...
Mekari Acquires Desty to Boost Omnichannel Commerce Capabilities
Indonesia’s Software-as-a-Service (SaaS) provider Mekari has acquired Desty, an omnichannel commerce platform that supports thousands of merchants in handling sales...
PAC Review Spurs Khazanah to Sharpen Venture Capital Approach After FashionValet Loss
Malaysia’s sovereign wealth fund, Khazanah Nasional Bhd, has acknowledged lessons from its unsuccessful investment in e-commerce firm FashionValet Sdn Bhd,...
Robocore Raises $30M from Foxconn to Scale Global Service Robots
Foxconn Technology Group, a global electronics contract manufacturer, has made a US$30 million investment in Hong Kong’s Robocore Technology. The...
Bean-Free Coffee Startup Prefer Nets $4.2M in Pre-Series A Funding
Singaporean food tech company Prefer has raised an oversubscribed US$4.2 million in its pre-Series A funding round, led by Chancery...
Sunway iLabs Partners with Cradle to Nurture High-Impact Deep Tech Startups
Sunway iLabs, the innovation division of Sunway Group, has joined forces with Cradle Fund Sdn Bhd to introduce the Startup...
FuriosaAI Secures $125M Series C to Scale Energy-Efficient AI Chips
FuriosaAI, a South Korean startup specializing in AI semiconductor design, has raised $125 million (approximately 173.6 billion won) in its...
Stablecoin Platform KUN Closes Series A Round, Eyes Global Expansion
KUN, a Hong Kong-based stablecoin payments and embedded finance platform, has closed its oversubscribed Series A funding round. The company...
Malaysia’s Hartamodal Invests in Connect & Heal to Support Healthtech Expansion
Hartamodal Sdn Bhd, a Malaysian VC firm, has made its debut investment under the RM70 million Dana Impian fund by...
East Ventures Backs Sxored to Tackle Lending Inefficiencies in Southeast Asia
Sxored, an Indonesia-based startup specializing in smart document processing and AI-driven credit analysis, has raised an undisclosed amount of funding...
Alibaba Cloud Backs BetterYeah in $13.8M Series B for AI Agent Expansion
BetterYeah, a Hangzhou-based enterprise AI development platform, has raised over 100 million yuan (approximately US$13.8 million) in a Series B...
China’s Galbot Secures $153M, Launches Humanoid Robotics JV with Boyuan Capital
Beijing-based humanoid robotics startup Galbot has formed a joint venture with Boyuan Capital, the market-oriented investment platform under the Bosch...
US VC Firm Eight Roads to Sell Stakes in 40 Chinese Tech Firms
Eight Roads, a US venture capital firm backed by Fidelity Investments, is preparing to sell its stakes in around 40...
Truely Raises $2M to Expand eSIM Services Across Asia and Beyond
Singapore travel tech startup Truely has raised US$2 million in new funding to scale its eSIM offerings. The round was...
Mitsubishi Launches $700M Venture Arm to Back Startups
Mitsubishi Corporation has introduced a new corporate venture capital division, MC Global Innovation Inc. (MCGI), to enhance its engagement with...