Venture Capital

Malaysia’s 10 Cents Capital completes $20M financing, to begin fund rollout in Brazil

10 Cents Capital, a Malaysian investment holding company, has completed $20 million in financing and will deploy the funds in phases, starting in Brazil.

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.

Concept illustration of a satellite transmitting power by laser above Earth

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 logo on a green and charcoal background

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.