Investments Summarized: Smartworks secures USD 12 million, CP Group of Thailand backs GoPizza, Ola Electric, an upcoming IPO, raises debt funds, and additional investments detailed

In the dynamic world of technology and business, funding rounds are a common occurrence as companies seek to fuel their growth and expand their operations. Here's a roundup of some recent funding rounds that have taken place across various sectors.

In the realm of office space solutions, Smartworks, a Gurugram-based provider founded in 2016, raised USD 12 million in a funding round led by Ananta Capital. The funds will be used to strengthen Smartworks' position in the coworking space market and fuel its expansion plans, as the company operates over 8 million square feet of office space across more than 40 locations in 14 major cities.

Meanwhile, Ola Electric, the Bengaluru-based electric scooter manufacturer, secured USD 12 million in debt funding from Alteria Capital. This funding comes as Ola Electric received approval from the Securities and Exchange Board of India for an Initial Public Offering (IPO), which it has valued at USD 660 million.

In the education sector, Clapingo, an on-demand English tutoring platform, raised an undisclosed amount in a pre-Series A funding round. The investment was led by Accel, with Sandeep Aggarwal (Droom and ShopClues), Biswa Kalyan Rath, and Appurv Gupta among the other investors. The funds raised will be used to enhance product offerings, develop the platform's fluency report system, and strengthen marketing efforts.

In the tech-enabled pizza chain segment, GoPizza received a USD 10 million investment from Charoen Pokphand Group (CP Group). GoPizza aims to launch over 1,000 outlets in South Korea and expand globally to operate 1,200 outlets by the end of 2024.

Da Instruments, a Shenzhen-registered test and measurement company, secured tens of millions of RMB in an angel round of financing. The funds raised will be used to accelerate product research and development and explore new markets.

Pukang Biotechnology, a Chengdu-based company, completed a Series B+ round of financing, raising hundreds of millions of RMB. The funding round was co-led by IDG Capital and Mirae Asset Financial Group, with follow-on investment from Huimei Capital and existing investors GL Ventures, Huatai Zijin, and Grand Yangtze Capital.

In the field of digital solutions, LanchenSL completed a Series A round of financing, but the investor details were not disclosed. The funds raised will be used to expand the team, accelerate product research and development, and explore new markets.

Ingeek, an automotive technology company, raised close to RMB 300 million in a Series C funding round. Jinhua Ketai Fund and Continental AG are among the investors in this round, with InvesTarget acting as the exclusive financial advisor.

Eli, a manufacturer of air suspension solenoid valves, received an undisclosed amount of strategic funding from Fresh Capital.

Deemples, a Malaysia-based app-based platform for golfers, raised USD 2 million from Singapore-based venture capital firm V Ventures.

Lastly, Huaxin Tianwei, a high-tech enterprise based in Chengdu, completed a new round of equity financing. Chuyao Fund and Sharewin Equity Fund Management took part in this new round of equity financing.

In the world of bug bounty and vulnerability management, YesWeHack raised USD 28 million in a Series C funding round led by private equity firm Wendel.

And in the clean tech sector, Leidong, a national clean tech enterprise, secured an undisclosed amount in a Series A financing round. The funding round was led by Baoding Hi-tech Zone Venture Capital, with the support of Dankang Investment and other undisclosed investors.

Tsinergy Gasification Technology, a Henan-registered producer of hydrogen liquifiers, raised RMB 158 million in a pre-Series A+ round of financing. The investors in this round include CGN Capital Holdings, China Merchants Securities, Roton Capital, and the Gongyi Advanced Manufacturing Industry Development Fund.

These funding rounds highlight the ongoing investment and growth in various sectors, as companies continue to innovate and expand their operations.

Investments Summarized: Smartworks secures USD 12 million, CP Group of Thailand backs GoPizza, Ola Electric, an upcoming IPO, raises debt funds, and additional investments detailed