Welcome to Tech in Asia’s daily newsletter, your essential dose of Asia’s tech and startup buzz. Not on the mailing list? Register here. Got a story tip? Send it to editors@techinasia.com.
Hello reader,
I wouldn’t say I particularly enjoy driving, but I’m not terrible at it, at least. Still, if I had the choice and the money to get a chauffeur, I’d probably jump at the chance.
Besides that, the next best option would be to make getting around a lot more fun – perhaps, one day we’ll have fully functional flying cars to do just that. I’m hopeful, as today’s list features a company affiliated with a huge electric vehicle manufacturer and is looking to develop intelligent, electric-powered flying cars.
I’ll let you guess what firm it is using these details as hints.

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 that recently took place.
The biggest deals by country
🇨🇳 Backed by major EV maker Xpeng, HT Aero is a Chinese firm building a safe, intelligent, electric flying car. It has raised US$250 million in a series B round, though investors were not disclosed.
🇰🇷 Law&Company, a South Korean company that operates the legal service platform LawTalk, has secured US$35.9 million in series C money from Coolidge Corner Investment, Daesung Private Equity, and IMM Investment, among others.
🇸🇦 Lucidya is an AI-powered customer experience platform. Headquartered in Saudi Arabia, the firm has closed a US$30 million series B round, with investments from ARG, Impact46, Rua Growth Fund, SparkLabs Group, and Waed Ventures.
🇯🇵 Helical Fusion, a Japan-based startup developing a fusion reactor, has netted US$15.4 million in series A money. Participating investors included Aoki Super, Deepcore, and Daiwa House Group.
Startups that are raising funds
Behind the Glasswall
Explore how AI and identity solutions create trusted customer engagement
Exclusive listicles
Thoughtful tidbits
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.






