Venture Capital
Uzbekistan’s Delever raises $380,000 for restaurant SaaS expansion
Uzbekistan-based restaurant software company Delever has raised $380,000 from AloqaVentures and Nexus Club for product development and market expansion.
Hong Kong fintech PhotonPay raises $40M Series C led by Blockchain Capital
Hong Kong fintech PhotonPay has raised $40 million in a Series C led by Blockchain Capital to expand stablecoin, payment and card infrastructure.
Singapore’s Stryv raises $11.5M Series B led by ACV Capital, to expand into Taiwan
Stryv, a Singapore personal care and home wellness company, has raised US$11.5 million in Series B funding led by ACV Capital, with participation from Openspace Capital and OCTAVE Capital, along with other investors.
Zero Industries raises $3M for satellite laser power network
Japan-linked space startup Zero Industries has raised $3 million in pre-seed funding to develop a laser-based power transmission network for satellites.
PIDG exits Dat Bike as Vietnamese e-motorbike maker raises $26M Series B
The Private Infrastructure Development Group (PIDG) has exited its investment in Vietnam’s electric motorbike startup Dat Bike, after the company redeemed its convertible note.
Neolix raises nearly $400M Series E led by Boyu
Chinese autonomous-delivery company Neolix has raised nearly $400 million in a Boyu Capital-led Series E to support global expansion.
Tenstorrent raises $1.5B Series E at $6.2B valuation
Tenstorrent closed a $1.5 billion Series E at a $6.2 billion post-money valuation to expand AI systems, manufacturing and processor licensing.
RapidCanvas raises $29M Series B led by Vertex Ventures
RapidCanvas has raised $29 million in a Series B led by Vertex Ventures Southeast Asia & India to expand its enterprise AI platform and field engineering teams.
NEU Battery Materials raises $7.6M and opens Singapore plant
Singapore battery recycler NEU Battery Materials has raised $7.6 million and commissioned a 1,300-tonne-per-year LFP recycling plant in Tuas.
“Cheap money era” is over, Vietnam startups must go back to basics, says BeginGuru CEO
Hai Nguyen, founder and CEO of startup coaching BeginGuru, stressed the gap comes down to one thing: investors still see no credible path to exit, so capital waits. The cheap-money era is over, and startups must live on customers’ money, not investors’.
