Sign up for the Daily Newsletter, sent exclusively to our premium subscribers. We break down the big and messy topics of Asia’s tech and startup community. Get the newsletter in your inbox everyday with a premium subscription.
Hello reader,
One of my favorite things about working in Tech in Asia is learning about all the companies that are doing cool and innovative things to help solve real problems in the world today.
For example, among the top-funded companies we have this week, we’ve got: a startup that’s trying to make it easier for developers to build more affordable homes, a software platform that wants to make heavy industries safer, and a company using blockchain to make cross-border settlements more efficient.
It’s really heartening to see that these are the companies raising funds, as they could have a real impact and potentially change some people’s lives. That’s cool stuff.
Image credit: Timmy Loen
You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.
Let’s dive into the biggest deals and M&As that recently took place.
The biggest deals by market
🇮🇳 Vastu Housing Finance is a home financing company based in India. It has raised US$400 million in series D money from TA Associates.
🇨🇳 SemiDrive Technology, a Chinese chip developer, has secured US$137.7 million in a strategic investment from the Beijing Economic-Technological Development Area, among others.
🇵🇭 Lhoopa, a proptech company in the Philippines, aims to empower local partners to provide affordable homes in emerging markets. It has received US$80 million in series B funding from investors such as 10x Group, Concentric Equity Partners, International Finance Corporation, and Wavemaker Partners.
🇦🇺 HammerTech is a software platform designed to enhance worker safety and improve efficiency on construction sites. Based in Australia, the company bagged US$70.8 million in series B money from Riverwood Capital.
M&As
Startups that are raising funds
Behind the Glasswall
No more playing catch-up. RSVP now to lead the pack
Exclusive listicles
Thoughtful reads
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
