Meatable raises USD 35 million in its newest funding spherical
The Netherlands-based meals tech firm has raised USD 35 million in its newest funding spherical led by Agronomics. Other buyers that participated in the spherical embrace Dutch affect fund Invest-NL, in addition to present buyers BlueYard, Bridford, MilkyWay, DSM Venturing, and Taavet Hinrikus.
The funds might be used to increase Meatable’s operations and expedite the industrial launch of its cultivated meat choices. Meatable goals to realize industrial manufacturing volumes and value parity with standard meat.
Endowus secures USD 35 million in funding to boost digital wealth administration
The Singapore wealth administration platform has raised USD 35 million in its newest funding spherical, which drew help from its present buyers together with UBS Next, Singapore’s EDBI, Prosus Ventures, Lightspeed Venture Partners, and Singtel Innov8. The spherical additionally noticed participation from new buyers comprising Citi Ventures, MUFG Innovation Partners, Endowus staff, in addition to “4 of Asia’s wealthiest households.”
The funds might be used to additional scale Endowus inside its core markets of Singapore and Hong Kong. The goal is to carry fee-only, conflict-free wealth administration to a broader viewers, enhancing penetration and accessibility.
Indonesia’s Goro raises USD 1 million in pre-seed spherical
The Indonesia-based fractional property market platform has raised USD 1 million in pre-seed funding. The spherical, led by early-stage enterprise capital agency Iterative, garnered participation from different buyers together with XA Network, StashAway’s angel investing program, and property skilled Mike Broomell from Colliers Indonesia.
Goro will use the capital to gasoline its enlargement plans by increasing its staff and strengthening its regional consumer acquisition technique. —TechNode Global
Credgenics raises USD 50 million in Series B spherical
Photo of Credgenics’ co-founders. From left to proper: Anand Agrawal (chief product and expertise officer), Mayank Khera (COO), and Rishabh Goel (CEO). Photo courtesy of Credgenics.
The India-based debt collections SaaS platform has secured USD 50 million in a Series B funding spherical led by Westbridge Capital, Accel, Tanglin Ventures, Beams Fintech Fund, and different buyers.
This has bumped Credgenics’ valuation to USD 340 million, and the corporate plans to make use of the funds for strategic initiatives together with product innovation, market enlargement, and to penetrate into different segments of the banking, monetary providers, and insurance coverage (BFSI) business.
Neurophth Therapeutics raises RMB 700 million in Series C+ spherical
The Chinese ophthalmic expertise firm has concluded a Series C+ funding spherical, securing RMB 700 million (USD 97.68 million) from numerous buyers. The capital raised might be allotted to finance the medical trials of Neurophth’s gene remedy merchandise. Additionally, it is going to be used to boost the corporate’s R&D capabilities and increase its gene remedy product pipeline. —36Kr
Xbotspace secures important Series A funding to propel technological innovation
The Shanghai-based generative synthetic intelligence middleware firm has concluded a Series A funding spherical, elevating a nine-figure RMB funding. Participating buyers in this spherical embrace IDG Capital, New Alliance Capital, and Atom Capital.
Xbotspace will use the funds to advance its expertise R&D, foster product innovation, and implement cutting-edge purposes. —36Kr
Fullcryo raises RMB 800 million in Series C Round
The China-based cryogenic tools producer has raised RMB 800 million (USD 111.6 million) in a Series C funding spherical co-led by the Mixed Reform Fund and CCB Investment. Yuexiu Fund, China Industrial International Trust, Cascam, and Casstar additionally participated in the spherical. —36Kr
Mogic AI secures Series A funding to spice up AI-based advertising and marketing capabilities
The Chinese AI-based advertising and marketing firm has secured an eight-figure USD funding in a Series A funding spherical led by Cathay Capital, with present investor True Fund additionally collaborating.
The funds will primarily be used for expertise investments in the sphere of AI-powered video advertising and marketing, together with R&D on algorithms and fashions to additional improve the corporate’s product capabilities. —36Kr
Ruishi Health secures nine-figure RMB funding in Series A+ spherical
The Chinese well being expertise firm has accomplished a nine-figure RMB funding in a Series A+ funding spherical led by Sinovation Ventures, with participation from Botanee Group in addition to present buyers Yaojin Capital and BlueRun Ventures. —36Kr
Spatomics secures eight-figure RMB angel funding
Chinese spatial omics firm Spatomics has accomplished an angel funding spherical, securing an eight-figure RMB funding from K2 Venture Partners, Shangshi Capital, and Chang’an Capital. K2 Venture Partners led the spherical. —36Kr
Taiyi (*35*) raises eight-figure RMB funding in Pre-Series A spherical
The Shenzhen-based expertise firm has raised an eight-figure RMB funding after finishing its Pre-Series A funding spherical, backed by Jorde Investment, Tianyu Culture Group, and different buyers. The funds will permit Taiyi (*35*) to boost its expertise capabilities and provide more environment friendly and safe options to its clients. —36Kr
Leilong Technology secures eight-figure RMB funding in Series B spherical
The Chinese industrial digital expertise platform has secured an eight-figure RMB funding in a Series B funding spherical, led by a CICC Capital-managed fund. The funds might be used to advance the corporate’s core digital expertise platform by means of R&D initiatives. —36Kr
ULS Robotics concludes Series A spherical to advance exoskeleton expertise growth
ULS Robotics gained public curiosity after its exoskeleton expertise was showcased in The Wandering Earth 2 movie. Photo courtesy of 36Kr.
The Chinese exoskeleton expertise firm has concluded its Series A funding spherical, with Guoyi Capital serving because the unique investor. The funds might be used to boost its core exoskeleton product expertise and speed up the event of new merchandise. —36Kr
Disprz and Dotbio led yesterday’s headlines:
Disprz, an India-based enterprise software-as-a-service studying and skilling platform, raised USD 30 million in a Series C funding spherical led by Lumos Capital Group and 360 ONE Asset (IIFL). The funding will drive Disprz’s product growth, increase its presence in Southeast Asia, India, and the Middle East, and facilitate its entry into the US market.
DotBio, a Singapore-based biopharmaceutical firm, secured USD 5.6 million in a pre-Series A funding spherical led by Proxima Ventures and Gaorong Capital. DotBio will use the funds for preclinical research on antibody therapies, chemical processes, manufacturing, and to boost and automate its proprietary DotBody platform.
If there are any information or updates you’d like us to function, get in contact with us at: [email protected].
https://kr-asia.com/deals-in-brief-meatable-secures-usd-35-million-in-funding-nine-new-deals-for-chinese-companies-and-more
