Fresh Funding Secured by Brainfish and Jejakin, Ai Palette Expands Series A1 Round, Six Deals in China, and More Funding News
Global Tech Startups Secure Funding in Latest Rounds
Transfer Technology, a Beijing-based developer of 3D machine vision systems, has secured an undisclosed amount in a Series B funding round led by a Shanda Capital-managed fund. The company will use the funds to continue its research and development efforts.
In Singapore, Ai Palette, a technology startup specializing in AI and machine learning for consumer packaged goods (CPG) companies, has extended its Series A1 funding round, securing USD 500,000 from Orzon Ventures. Ai Palette will use the funds to further develop its AI-powered product creation solutions.
Bingxiaoka, a Shanghai-based coffee chain brand, has secured an undisclosed amount of funding from undisclosed sources. The company plans to use the funds for expansion and growth.
Jejakin, a carbon management company from Indonesia, has reportedly raised USD 2.7 million in seed funding. The investors in this round include ITM Group, Indogen Capital, Asia Venture, Aurum Ventures, SMDV, East Ventures, and various Indonesian companies. Jejakin will use the funds to scale its operations and expand its services.
In Australia, Brainfish, an AI-powered customer support solution for online businesses, has raised AUD 3.85 million (USD 2.5 million) in its second funding round. The round was led by Peak XV Partners' Surge, with participation from macdoch Ventures, Black Sheep Capital, Justus Hammer (MadPaws), and angel investors from Australia and the US. Brainfish will use the funds to expand to new markets and further build out its customer support solutions.
Xinlv Pharmaceutical, a Shanghai-registered pharmaceutical R&D company, has completed a pre-Series A funding round, raising USD 35 million from Goldman Sachs. The company will use the funds to accelerate its research and development efforts.
In Vietnam, Happynest, a housing and lifestyle community platform, has secured USD 720,000 in a seed funding round led by Touchstone Partners. The company will use the funds to expand its services and grow its user base.
Hi-Dolphin Robot Technology, an AI technology company developing robot cafe and barista solutions, has completed its second Series A funding round, led by an undisclosed family fund. The company will use the funds to further develop its robot solutions and expand its market presence.
Edukita, an Indonesian edtech startup, has raised USD 1.3 million in funding. The first tranche of USD 800,000 came from Star Capital Investments and W Ventures, with another USD 500,000 coming from Star Capital Investments in the second tranche. The startup could raise an additional USD 200,000 from other investors. Edukita will use the funds to expand its services and reach more students in Indonesia.
Fano Labs, a Hong Kong-based company specializing in language AI technologies, has completed its Series B funding round, led by Openspace Ventures, HSBC, Greater Good Investment, and the family office of Hong Kong billionaire Kenneth Lo, among others. The exact amount raised was not disclosed. Fano Labs will use the funds to further develop its language AI technologies and expand its market presence.
Finally, Gate-sea Microelectronics Technology, a Suzhou-based technology enterprise, has completed a Series C funding round, raising an undisclosed amount from Oriza Holdings, Fosun RZ Capital, Suzhou Industrial Park Science and Technology Innovation Fund, Kunpeng Technology Growth Fund, and Nantong Haozhi. The company will use the funds to continue its research and development efforts and expand its market presence.
Read also:
- Goodyear in 2025: Advancement in Total Mobility through the Launch of Kmax Gen-3 by Goodyear
- Electric SUV Showdown: Vinfast VF6 or MG Windsor EV - Your Choice Revealed
- United States Secures $632 Million to Fuel Electric Vehicle Revolution
- IM Motors reveals extended-range powertrain akin to installing an internal combustion engine in a Tesla Model Y
