Asia
India’s FinAGG Technologies secures $11M in Series A funding led by Blue Orchard, Tata Capital
FinAGG Technologies, an India-based fintech firm, has successfully raised $11 million in its Series A funding round. This financing was co-led by global impact investment manager BlueOrchard and Tata Capital Limited, with participation from the Small Industries Development Bank of India (SIDBI) and existing investor Prime Venture Partners.
India’s Alt Mobility raises $6M in funding co-led by Shell Ventures, Eurazeo, EV2 and Twynam
Alt Mobility, an India-based technology-enabled electric vehicle (EV) leasing and lifecycle management platform, has announced that it has raised $6 million in funding. The funding is co-led by Shell Ventures, Eurazeo, EV2 Ventures and Twynam.
Dubai’s Tumodo raises $35M in pre-seed funding to boost business travel in MENA region
Tumodo, a Dubai-based business travel platform, announced Thursday it has successfully raised $35 million in a pre-seed round co-led by the Middle East and North Africa (MENA)-focused angel investors. This funding will fuel the company's presence in the United Arab Emirates (UAE) market, further product development, and new partnership opportunities in the…
Australia’s Element Zero raises $10M in seed funding led by Playground Global
Element Zero, an Australia-based green materials platform company, announced Wednesday that it has raised $10 million in seed funding led by Playground Global. The firm will use the funding to grow research and development (R&D), engineering, and project development teams and scale the development of a pilot iron plant.
Australia’s Prota Therapeutics secures $21M in financing led by SPRIM Global Investments
Prota Therapeutics Pty Ltd (Prota), an Australian biotechnology company focused on the development of novel oral immunotherapy treatments that induce remission of allergy, has on Tuesday announced financing of $21 million in equity and debt financing. The round is led by Singapore-based SPRIM Global Investments (SGI).
Hong Kong’s HashKey raises nearly $100M in Series A financing round to accelerate product diversification
HashKey Group (HashKey), an end-to-end digital asset financial services group based in Hong Kong, has announced the completion of a Series A financing round of nearly $100 million at a pre-money valuation above $1.2 billion.
South Korea maps out $470B plan to build chipmaking hub – report
The government on Monday outlined a blueprint involving investment of 622 trillion won from the private sector in the years leading up to 2047.
India’s Upekkha launches $40M fund with lead investment from WestBridge Capital
Upekkha, an India-based software as a service (SaaS) fund and accelerator, announced Thursday that it has completed the first close ($15 million) of its $40 million Upekkha fund. The funding is led by WestBridge Capital.
Gruhas joins hands with Collective Artists Network to create consumer fund
India-focused venture capital fund Gruhas has joined hands with new age media leader Collective Artists Network to create the Gruhas Collective Consumer Fund an initial investment fund of 150 Crore rupees ($18.29 million), dedicated to fostering innovative consumer brands.
