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Hello reader,
Learning about new companies and innovations is one of the fun things about working in the tech and startup space. But seeing how they could have a positive impact on people’s lives is even more fun. After all, Asia is still grappling with many challenges and inefficiencies, and it’s great to see people working to address them.
Our top-funded startups for this week certainly fit that bill. From a fintech firm in India that offers free credit score checks and personalized insights to a startup that’s trying to digitize Indonesia’s agriculture sector, they’re all looking to solve problems in their own ways.
I’m certainly looking forward to seeing where they’ll go next.
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 country
🇮🇳 FPL Technologies: The India-based fintech company, which offers free credit score checks and personalized insights, has bagged US$100 million in a series D round from Hummingbird Ventures, Matrix Partners, Ocean View Investment, QED Investors, Sequoia Capital, and Temasek Holdings.
🇨🇳 Xpeng Robotics: The Chinese robotics-focused hardware firm has raised a US$100 million series A round from IDG Capital and Xpeng Motors.
🇮🇱 CathWorks: Focused on improving care for coronary artery disease patients, the Israel-based healthtech startup bagged US$75 million from Medtronic PLC in a strategic investment.
🇮🇩 AgriAku: This Jakarta-based agritech startup has raised US$35 million in series A money from Alpha JWC Ventures, Alto Partners, BRI Ventures, Gentree Fund, Go-Ventures, InnoVen Capital SEA, K3 Ventures, MDI Ventures, Mandiri Capital Indonesia, Mercy Corps Ventures, and Thai Wah Public Company.
M&A’S
Startups that are raising funds
Killer pitch decks
Exclusive listicles
Thoughtful reads
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