Investments Summary: ArrowBiome, Autify, and DataMesh receive funding; Temasek finalizes AUD 300 million agreement with Betashares; nine transactions in China, and numerous additional deals

Headline: Tech and Biotech Companies Secure Funding Across Asia and Beyond

In the dynamic world of technology and biotechnology, several companies have recently secured significant funding to drive their growth and innovation. Here's a roundup of some notable investments:

Singapore-based ArrowBiome Secures USD 1 million Seed Funding

ArrowBiome, a biotech company based in Singapore, has secured USD 1 million in seed funding from Cocoon Capital. The company's focus is on developing microbiome management solutions, using lysins to precisely target specific bacterial strains, with an initial target market for acne and body odor treatments.

Temasek Invests in Australian ETF Manager Betashares

Global investment firm Temasek has entered into a binding agreement to invest up to AUD 300 million (USD 198.7 million) in Australian ETF manager Betashares. The investment, led by TDM Growth Partners, will give Temasek a minority share in the company.

Autify Expands with USD 13 million Series B Funding

Autify, an artificial intelligence-driven quality engineering platform, has raised USD 13 million in a Series B funding round. The funds will be used for R&D, clinical validation, and establishing commercial partnerships, including strengthening its collaboration with LG CNS and expanding into the South Korean market.

Grinergy Announces Investment Agreement for LTO Battery Production

Grinergy, a South Korean startup specializing in lithium-titanate (LTO) batteries, has announced an investment agreement with a global investment group based in North America. The investment group manages venture capital and private equity funds totaling KRW 45 trillion (USD 32.5 billion) globally. Grinergy plans to use the funds to expand production facilities and secure IP for future growth.

Other Notable Investments

Leadbio Tech, a Hangzhou-based medtech company, has raised tens of millions of RMB in a Series A+ funding round.
Innostellar Biotherapeutics, a biopharmaceutical company specializing in gene therapy drug discovery, has completed its Series B+ financing round. The funding round was co-led by Globis Capital Partners and LG Technology Ventures.
Leman Biotech, a Shenzhen-headquartered clinical-stage biotechnology company focused on cancer immunotherapy, has completed two extended angel funding rounds, securing a total of RMB 50 million (USD 6.8 million).
DataMesh, a Singapore-based provider of digital twin and extended reality (XR) solutions, has closed a new funding round. The funds raised will accelerate the R&D efforts and market expansion of its "industrial metaverse" platform.
Huantian Wisdom, a Chengdu-based space tech company, has completed its Series B funding round, with CDH Investments as the lead investor.
Asuene, a Japan-headquartered climate tech startup, raised USD 26.7 million in the first close of its Series C funding round. The investors include the KDDI Open Innovation Fund 3 and Singtel Innov8.
Paper.id, an Indonesian B2B fintech company, raised an undisclosed sum of Series B funding in a round led by Square Peg Capital.
Aluksen Technology, a chip supplier specializing in optoelectronics, has raised an undisclosed amount in its Series B financing round.
SenseArray, an AI solution developer, has raised RMB 50 million in a Series A financing round.
Conan AI, a firm developing AI-driven educational products for children, has raised several million RMB in its angel funding round.
HYLIC, a developer of solid-state lithium-ion batteries, has completed its pre-Series A funding round, raising an eight-figure RMB sum.
QCraft, a provider of advanced driver assistance solutions, has raised a nine-figure RMB sum in its Series C financing round from ZGC Science City and Cuihu Fund.

Grinergy and Snapfast Establish Joint Venture for LTO Battery Production

Grinergy is working with UK-based Snapfast to establish a joint venture for local LTO battery production, supported by UK Research and Innovation (UKRI) funding. This collaboration aims to strengthen Grinergy's position in the global LTO battery market.

These investments highlight the growing interest in technology and biotechnology sectors across Asia and beyond, as companies continue to innovate and drive growth in various industries.

Investments Summary: ArrowBiome, Autify, and DataMesh receive funding; Temasek finalizes AUD 300 million agreement with Betashares; nine transactions in China, and numerous additional deals