Investments Announced: Clime Capital supports electric vehicle startup Mober from the Philippines, iPiD raises USD 5.3 million, Capital 2B and Betatron share Series A investment with Botsync, and additional news on funding
In the bustling landscape of technology and finance in Asia-Pacific, several significant developments have taken place recently. Here's a roundup of some of the latest news:
Funding Rounds
- Emfuture Technology, a Chengdu-based industrial control systems developer, has secured an undisclosed amount of Series B funding from Loongson Technology.
- McEasy, an Indonesian logistics solutions provider, raised USD 11 million in a Series A+ funding round.
- Vigo Retail, a Vietnamese B2B e-commerce platform, secured funding from Argor Capital Management, Wavemaker Partners, and Patamar Capital.
- Huarui Expon Technologies (ExponTech), a Shenzhen-based data infrastructure solutions provider, bagged nearly RMB 100 million in a Series A funding round.
- Mezzofy, a digital coupon platform headquartered in Hong Kong, completed a USD 2 million pre-Series A funding round.
- Skysys, a commercial drone supplier, raised over RMB 100 million in a Series B funding round.
- Deep Principle, an AI-driven chemical research company, raised close to USD 10 million in a seed funding round.
- Mantle EcoFund, a USD 200 million Web3 fund, provided USD 5 million in fresh funding to seven SocialFi and gaming projects.
- 365LawHelp, a tech-enabled platform for legal services, raised tens of millions of RMB in a Series A+ funding round.
- Nainai Wange, an instant foie gras brand, secured nearly RMB 1 million in seed funding.
- International Payment Identity (iPiD), a Singapore-based fintech company, raised USD 5.3 million in a pre-Series A funding round. iPiD will intensify its focus on Southeast Asia, a key remittance-receiving region.
- Botsync, a Singapore-based developer of integrated automation solutions, completed a USD 5.2 million Series A funding round.
- Mober, a green logistics startup in the Philippines, secured PHP 350 million (USD 6 million) from Clime Capital's SEACEF II.
Developments and Expansions
- Mober, the Philippine green logistics startup, will use the funding to expand its electric vehicle fleet to 238 units. They are also placing charging points strategically across Luzon to support long-haul operations. Mober is developing a battery management system to enhance EV efficiency.
- A new charging facility will be established by early 2025.
- Botsync will invest in service and support teams to improve customer service and provide technical support round the clock. Their focus will be on markets in Southeast Asia, India, Australia, and the Middle East.
- The funds secured by Mantle EcoFund will be used to expand automation integrations, enhance product development, and simplify the automation onboarding process.
- The funds raised by iPiD will accelerate the rollout of payee verification solutions in Europe and enhance its API validation product globally.
Notable Absences
- There is no information in the available search results about the CEO or founder of Mober, the Philippine green logistics startup.
These developments underscore the vibrancy and potential of the tech and finance sectors in the Asia-Pacific region. As these companies continue to grow and innovate, we can expect to see even more exciting news in the months to come.
Read also:
- visionary women of WearCheck spearheading technological advancements and catalyzing transformations
- Recognition of Exceptional Patient Care: Top Staff Honored by Medical Center Board
- A continuous command instructing an entity to halts all actions, repeated numerous times.
- Oxidative Stress in Sperm Abnormalities: Impact of Reactive Oxygen Species (ROS) on Sperm Harm