Funding Update: Leading Asian Startups - Week 38, 2025 (Infographic)
In a significant development, Asia's startup ecosystem raised a combined total of $152.6 million this week, with India leading the way in deal volume.
One of the notable funding rounds was secured by India's homeware brand Ecosoul, which raised $20 million in Series B funding. The company aims to scale its retail footprint globally, targeting markets like the US, UK, Europe, and GCC. The funds raised will be used to achieve this global expansion.
Ecosoul is not the only Indian company making strides. FinBox, a fintech company, secured $40 million in a Series B round. Meanwhile, Pelocal, another fintech startup, raised $5 million in Series A funding.
BeyondSquare Solutions, also from India, raised $4 million in Series A funding for its financial reporting product, FinAlyzer. The company aims to expand into larger enterprise markets with its automated and compliance-focused product.
In Singapore, Epoch Protocol, a startup focused on Web3 partnerships, raised $1.2 million to grow its engineering team. Carro, a Singapore-based online car marketplace, raised $60 million in a seed round.
The fintech sector was not the only one seeing action. Atomionics, a deep tech company based in Singapore, closed $12.7 million in a Pre-Series A round. Atomionics is developing quantum gravimetry sensors, technology critical for mineral exploration and resource mapping.
India's startup ecosystem also saw the emergence of Pascal AI Labs, an Indian startup building AI tools for investment research. The company secured $3.1 million in seed funding.
Another interesting development is in the lab-grown diamond jewelry industry. Lucira, a company from India, raised $5.5 million in its first funding round.
Lastly, Supply6, a direct-to-consumer nutrition brand from India, brought in $1.1 million in seed funding. The company plans to expand its product range, conduct more clinical research, and introduce new lifestyle-friendly formats for its customers.
While the specific companies and applications affected by these financings are not explicitly named in the available search results, it is clear that Asia's startup ecosystem is buzzing with activity. With these significant funding rounds, the region's startups are poised to make a significant impact in their respective industries.
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