Fundingobtainedby Xefco, Thrixen, and Salmon; Temasekpoursinvestment into US-based Blaize; and a series of ten deals in China and India, detailed in the following summary.
In a series of significant developments, various tech and medtech startups have secured funding from prominent investors worldwide.
Liuxing Technology Completes Pre-Series A Funding
Liuxing Technology has successfully completed its pre-Series A funding round, with Detao Capital and ZhenFund as the investors. The funds will be utilised to bolster the company's diagnostic technology platform and provide access to US healthcare providers.
Singapore's Temasek Invests in Blaize
Singapore state-owned investor Temasek has invested in Blaize, a US-based provider of artificial intelligence-powered edge computing solutions. The details of the investment are yet to be disclosed.
PharmEasy Raises Funds at Lower Valuation
Indian online drug dispenser PharmEasy, under API Holdings, has raised INR 18 billion (USD 215.5 million) from the Manipal Education and Medical Group (MEMG) and existing investors. However, the capital was notably raised based on a valuation 90% lower than the firm's peak worth.
Thrixen Secures Funding for Medtech Startup
Thrixen, a Singapore-based medtech startup, has raised USD 7 million in an oversubscribed funding round. The round was led by Australian venture capital firm Main Sequence. The funds will be used to enhance Thrixen's diagnostic technology platform.
Multiple Startups Secure Series A Funding
Gimay, a Chinese startup, has announced the completion of its angel round of financing, with Goldport Capital leading the round and Haining Juanhu Dream Fund participating. Both Volant Aerotech and Phomera have banked nearly RMB 100 million (USD 13.8 million) in their respective Series A funding rounds, led by Hua Qiang Capital and Yijing Capital, respectively.
Decarbonization Partners' Financing Round Details Unknown
The search results do not provide specific information about the institutions participating in the financing round of Decarbonization Partners, the joint venture of Temasek and BlackRock.
Atom Intelligence and Xefco Secure Significant Investments
Atom Intelligence has received nearly USD 100 million from Azuremount WH, while Xefco, an Australian sustainable manufacturing company, raised AUD 10.5 million in an extension to its seed funding round.
Churui Intelligent Technology Secures Series B Financing
Churui Intelligent Technology has secured an eight-figure RMB sum of Series B financing from Anhui State-owned Capital Operation Holding Group.
NSEIT Acquired by Investcorp
The digital technology business of the National Stock Exchange of India (NSE), NSEIT, has been acquired by Bahrain-based investment firm Investcorp for INR 10 billion (USD 119.7 million). The International Finance Corporation (IFC) contributed USD 7 million of the total investment amount.
Xefco's Greener Supply Chain Solution
Xefco aims to create a greener supply chain for the fashion industry by eliminating the use of water and cutting energy consumption with its water-free textile finishing and dyeing solution, Ausora. XReflex, Xefco's first product, has already been adopted by fashion brands Zara and The North Face.
PaXini Technology Secures Series A and A1 Funding
PaXini Technology has secured a nine-figure RMB sum after completing consecutive Series A and A1 funding rounds, with ENN Group leading the Series A round and BAIC Capital, Nanshan SEI Investment, and Infotech Ventures participating in the Series A1 round.
Read also:
- Cybertruck's Disappointing Setback, Musk's New Policy, Mega-Pack Triumphs, Model Y's Anticipated Upgrade Prior to Refresh (Week of January 25 for Tesla)
- Haval H6 Hybrid Analysis: Delving into Engine Performance and Fuel Efficiency
- Home Compostable Label Partnership for Fresh Produce: Coveris Teams Up with TIPA
- US-based electric vehicle manufacturer Canoo expands its market reach, announcing its entry into the UK market.
