Startup Rise - Asia News

Funding Wrap of The Week | Asian Startups Funding Roundup | 22 December – 27 December We compile a Weekly Startups Funding News Report Summarizing all the Startups that Secured Funding During The Week. To Share Your Startup Story Write us on - contact@startuprise.org #Funding #Startup #Newsletter #News #Weekend #Roundup #Weekly #ThisWeek

Asian Startup News Sum UP | 22 December – 27 December Startup Highlights of the Week: New Funding, Big Moves, and Collaboration Telekom Malaysia, Perodua, CIMB, Gentari, Aluminium Bahrain, Comvision India Pvt Ltd, Beyon, Ericsson, Zettabyte Foxconn, EPACK Prefab, FIZE Medical , Captain Fresh, Univest, and Freshket To share your startup story write us on - contact@startuprise.org #Funding #Startup #Collaboration #Partnership #Financing #Tech #News

Nodepay, a decentralized AI platform transforming unused internet bandwidth into real-time data pipelines for AI training, has raised a second round of funding, bringing its total to $7 million. The latest funding round welcomed new strategic investors IDG Capital ($23 Billion AUM), Mythos, Elevate Ventures, IBC, Optic Capital, Funders.VC, Matthew Tan (Etherscan founder) and Yusho Liu (CoinHako Co-founder & CEO) as notable angels. They join an impressive roster of previous backers that includes Animoca Brands, Mirana, OKX Ventures, JUMP Crypto, Tokenbay Capital and more. Nodepay's network taps into a global community of users running privacy-protected nodes. By sharing their spare internet bandwidth, these participants earn rewards for creating a real-time data source that improves AI inference with accurate, timely information—an approach known as Retrieval Augmented Generation (RAG). Eric Meng To share your startup story write us on - contact@startuprise.org #Nodepay #funding

Black Group Investment Holding Pte Ltd (Black Group) and Zenzic Oasis Holding Pte Ltd (Zenzic Oasis) today announced that they have signed an investment and strategic partnership agreement with the goal of expanding the use of cell- based therapeutic solutions, including personalised treatments. Under the terms of the agreement, Black Group Investment Holding will invest in the commercialisation of Zenzic Oasis' stem cell technologies, including induced pluripotent stem cells (iPSCs). Dr. Lim Kah Meng, the founder of Zenzic Oasis, is widely recognised for his breakthrough research on placental stem cells, which has led to the development of highly sought-after commercial products in the field of regenerative medicine. To share your startup story write us on - contact@startuprise.org #BlackGroup #ZenzicOasis

The Securities Commission Malaysia (SC) has reprimanded Bybit Technology Limited (previously known as Bybit Fintech Limited) (Bybit), and its CEO, Ben Zhou (Yuchen Zhou), for operating a digital asset exchange (DAX) in Malaysia without registration. Bybit and Ben Zhou have been included in the SC’s Investor Alert List since July 2021. To share your startup story write us on - contact@startuprise.org #SC #Malaysia

Khazanah Nasional Berhad, through its initial RM1 billion allocation via Dana Impak, today announced two strategic investments to drive greater growth and innovation in Malaysia’s Industrial Revolution 4.0 (“IR4.0”) technologies and capacity development; and boost Research & Development (“R&D”) in Artificial Intelligence (“AI”) and semiconductors technologies. Khazanah Nasional Berhad is Malaysia’s sovereign wealth fund. Incorporated as a public limited company by Shares on 3 September 1993 and commenced operations in 1994, we are owned by the Minister of Finance (Incorporated), with the exception of one share held by the Federal Lands Commissioner (Incorporated). Kurt Busch Syntiant Corp. Jenn Weng CHU Amirul Feisal Wan Zahir Jeremy Holleman Pieter Vorenkamp Stephen Bailey Paul Henderson Jonathan Su ✓ Robert Saman Arun Chetty To share your startup story write us on - contact@startuprise.org #Khazanah #Investment #Syntiant

Saudi Venture Capital (SVC) announced its investment in Jadwa GCC Private Equity Fund 1, a private equity fund managed by Jadwa Investment, a leading investment management and advisory firm in the #MiddleEast with over SAR 90 billion in assets under management and advisement. SVC is an investment firm established in 2018 and is a subsidiary of the SME Bank, one of the development banks of the National Development Fund (NDF). Tariq Alamoudi Majid Mufti Anwaar Alshammari عبدالرحمن بن محمد بن منصور Abdulrahman M. Mansour Nabeel Koshak Mai AlAshgar Nora M. Alsarhan Osamah Alamri Athary Almubarak عذاري المبارك Mai AlAshgar Saleh Alshehri To share your startup story write us on - contact@startuprise.org #SVC #Fund #SaudiArabia #Investment

Bengaluru-based Seafood startup Captain Fresh has secured ₹100 crore (around $12 million) in funding, led by Motilal Oswal Wealth Limited, as per regulatory filings. The board of directors at Captain Fresh has passed a special resolution to issue 1,002 preference shares at ₹9,98,399 each, thus garnering ₹100 crore (around $12 million) from this—it filed this with the RoC. To share your startup story write us on - contact@startuprise.org #Funding #Startup

Bengaluru-based Leanworx Technologies Pvt. Ltd., empower decision makers at all levels in manufacturing plants has secured INR 8.3 crore (approximately $1 million) funding inseed round led by YourNest Venture Capital with Rs 6.5 crore and Rs 1.5 crore from an angel investment group. The funding will be used for integrating growth in marketing and lead generation in India, Sri Lanka, and Southeast Asia and for the development of technology, including certification in hardware and software. Leanworx Building clarity around Industry 4.0 for all sectors, from small businesses right through to large enterprises. Southeast Asia and advancing product development, including hardware and software certification. Srihari D Bhagavan S K Dasarathi GV To share your startup story write us on - contact@startuprise.org #Leanworx #Funding #Startup

EPACK Prefab, a leading Pre-Engineered Building (PEB) company has secured $20 million in its first funding round from GEF Capital Partners, a global private equity firm. The funding is expected to improve the company’s manufacturing capacity at its sophisticated production units—Greater Noida, Ghiloth in Rajasthan, and Mambattu in Andhra Pradesh—that boast an overall manufacturing capacity of over 133,924 MT per annum. To share your startup story write us on - contact@startuprise.org #Funfing #India