Jul 25, 2023
GIMO raises USD 5.1 million in Series A round
The Vietnam-based social impact fintech startup has raised USD 5.1 million in a Series A round led by TNB Aura, with participation from both new and existing investors.
The funds will be used to support the company’s expansion plans and foster innovation within its product portfolio. It will focus on product development to introduce more social impact initiatives, enhance customer success and support, and establish strategic partnerships with industry leaders.
Zuno Carbon raises USD 2.5 million in seed funding
The Singapore-based climate tech startup specializing in carbon management solutions has raised USD 2.5 million in a seed funding round led by Wavemaker Partners.
Zuno Carbon will utilize the funds to enhance its sales and marketing efforts, launch new features to further simplify compliance, and support tangible actions to catalyze decarbonization.
Jul 24, 2023
eFishery raises USD 200 million in Series D round
eFishery co-founder and CEO Gibran Huzaifah at an aquaculture farm utilizing the company’s technology. Photo courtesy of eFishery.
The Indonesian aquaculture startup has raised USD 200 million in a Series D round led by Abu Dhabi-based global fund manager 42XFund, with participation from a mix of returning and new investors including 500 Global, responsAbility, Northstar, Temasek, and SoftBank. Goldman Sachs served as the exclusive financial advisor for the transaction.
The funds will be utilized to expand eFishery’s farming community, with the goal of engaging more than a million aquaculture ponds in Indonesia by 2025. Additionally, the company aims to increase the volume of transactions involving fish feed and fresh fish on its platform.
Zluri raises USD 20 million in Series B round
Photo of Zluri co-founders: Chaithanya Yambari (left), Ritish Reddy (center), and Sethu Meenakshisundaram. Photo courtesy of Zluri.
The software-as-a-service operations platform has raised USD 20 million in a Series B round led by Lightspeed Venture Partners, with participation from existing investors including MassMutual Ventures, Endiya Partners, and Kalaari Capital.
The funds raised will bolster Zluri’s generative artificial intelligence capabilities, focusing on North America and Europe to strengthen its presence in key markets.
Hydroleap raises USD 4.4 million in Series A round
The Singapore-based wastewater treatment company has raised USD 4.4 million in a Series A round led by Japanese Venture Capital firm Real Tech Holdings, joined by a mix of new and existing corporate investors including Mitsubishi Electric, Seeds Capital, Wavemaker Partners, New Keynes Investments, and the State Government of Victoria in Australia.
Hydroleap will use the funds to enter new markets such as Australia, Japan, and Indonesia, to assist more companies in various industries to treat wastewater in an efficient and environmentally friendly way.
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