Funding secured by Notti Pet Food, Ayudante purchases Sparkline in Singapore, Norfund offers a USD 30 million loan to SeABank, and additional noteworthy investments detailed
Headline: Various Tech Startups and Fintech Companies Secure Funding for Growth and Expansion
In the dynamic world of technology and business, several startups and fintech companies have recently secured funding to fuel their growth and expansion. Here's a roundup of some notable investments:
Quidich Innovation Labs Raises Series A Funding
Quidich Innovation Labs, a sports broadcasting solutions provider based in India, has secured an undisclosed amount in a Series A funding round led by Centre Court Capital. The funds will be used to accelerate the development of Quidich's flagship product, Spatio, a real-time data visualization tool for sports broadcasts and events.
OrbitShift Secures Seed Funding
OrbitShift, an AI-powered sales management platform, has secured USD 7 million in seed funding. The funding was co-led by Peak XV's Surge and Stellaris Venture Partners, but no information is available about the investors who participated in the round. The platform empowers sales, pre-sales, sales operations, and marketing teams with account insights, RFP and RFI response generation, key account planning, and targeted pitch content generation.
Notti Pet Food Raises Seed Funding
Notti Pet Food, a Malaysian brand offering premium pet food, has raised MYR 2.4 million of seed funding from 500 Global and First Move. The company is known for its commitment to using real, fresh, human-grade ingredients and aims to improve pet health and nutrition standards in Southeast Asia. The funds will be used to expand its product distribution across the region and enhance its community engagement initiatives.
Buyandship Raises USD 6 Million
Buyandship, a cross-border e-commerce enabler based in Hong Kong, has raised USD 6 million in an extension to its Series B round led by Altara Ventures. The company did not disclose how the funds will be used.
Mori Capital Invests in Uniontronic
Mori Capital led an angel investment in Uniontronic, but no specific details about the investment were provided.
Sparkline Expands with Google Marketing Platform Services
Sparkline, a digital marketing business and certified partner and reseller of Google Marketing Platform (GMP), plans to expand its certified GMP services to businesses in the Philippines. The company did not disclose any funding details.
Travel Wallet Raises USD 10 Million
South Korean fintech company Travel Wallet, specializing in payment solutions, raised USD 10 million from Lightspeed. The funds will be used to enhance its platform and expand its market reach.
Ayudante Acquires Sparkline
Japan-based digital marketing and measurement company Ayudante acquired Singapore-based Sparkline. The acquisition underscores the growing interest of multinational companies in Southeast Asia's tech ecosystems.
Loan for Retail Banking and SMEs in Vietnam
A loan aiming to provide additional capital to support retail banking customers and small and medium enterprises in Vietnam was granted, but no details about the investor or the amount were disclosed.
Norfund Provides Convertible Loan to SeABank
Norfund, the Norwegian investment fund for developing countries, granted a USD 30 million convertible loan to Southeast Asia Commercial Joint Stock Bank (SeABank).
Amartha Secures Equity Investment
Jakarta-based microfinance fintech platform Amartha secured USD 17.5 million in equity investment from the Accion Digital Transformation Fund. The funds will be used to grow the company's operations.
Notti Pet Food Supports Animal Welfare
Notti Pet Food actively participates in trap-neuter-return (TNP) programs and charitable causes to support animal welfare.
Peak3 Raises Series A Funding
Peak3 (formerly known as ZA Tech), a digital and cloud solutions provider for the insurance industry, raised USD 35 million in a Series A funding round led by EQT.
This roundup of investments highlights the vibrant and growing tech and fintech scenes in various parts of the world, particularly in Southeast Asia. As these companies continue to grow and innovate, we can expect to see even more exciting developments in the future.
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