Fundraising Stories

Asian Stories

Fundraising stories

PixVerse raises USD $439 million to expand into games

Its push into interactive entertainment is backed by a USD $439 million Series C extension, with Alibaba among new investors.

By Sofiah Nichole Salivio • 3 min read • Last week

Artificial Intelligence

Carousell reaches EBITDA profit as it bets on reCommerce

EBITDA profitability gives Carousell room to expand secondhand services and AI tools, after revenue rose 18% to USD $140 million last year.

By Mark Tarre • 5 min read • This month

Global Stories

Fundraising stories

Crypto

Alpaca raises USD $135 million in Peak XV-led round

The fresh capital will help Alpaca expand regulated brokerage infrastructure for clients building products across traditional and on-chain markets.

By Karen Joy Bacudo • 4 min read • Last week

Software-as-a-Service

Databricks raises funding round at USD $188 billion

Fresh capital will help Databricks expand its AI tools as enterprises look to control costs and deploy models more effectively.

By Mark Tarre • 3 min read • Last week

Software-as-a-Service

Flex raises USD $70 million as it launches UK service

The new capital will fund Flex's overseas expansion after annualised revenue tripled and its valuation more than doubled to USD $1.2 billion.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Crypto

EDX Markets raises GBP £76m in SBI-led funding round

The new capital will expand trading, clearing and settlement services as the digital asset venue targets more institutional clients worldwide.

By Karen Joy Bacudo • 4 min read • This month

Software-as-a-Service

Emesent secures USD $17 million to expand manufacturing

The capital will help the Queensland company lift production, add jobs and push its autonomy software into more overseas markets.

By Joseph Gabriel Lagonsin • 4 min read • This month

Robotics

Contactile named Propel-AIR 2026 finalist for robot touch

Recognition in the Propel-AIR 2026 final seven gives the Sydney robotics firm a platform as demand grows for robots that can handle fragile items.

By Sean Mitchell • 4 min read • This month

Software-as-a-Service

KredosAi raises USD $7 million in Series A led by BMW

Rising delinquencies are pushing enterprises to adopt AI collections tools, as BMW i Ventures backs KredosAi's USD $7 million Series A.

By Karen Joy Bacudo • 3 min read • This month

Software-as-a-Service

Dawnguard launches security platform & raises USD $6.3m

North American expansion is now being funded as the startup targets cloud risks introduced at the design stage, not after deployment.

By Mark Tarre • 4 min read • This month

Supply Chain

Healthy Skin Lab seeks NZD $4m to fuel US expansion

Strong US demand has pushed the skincare brand to seek NZD $4 million, as stock shortages and FDA registration open wider retail channels.

By Mark Tarre • 4 min read • This month

Software-as-a-Service

Build raises USD $8.5 million to automate infrastructure

The funding will speed expansion as developers race to clear power, planning and environmental hurdles for data centres and other infrastructure.

By Sean Mitchell • 4 min read • Last month

Software-as-a-Service

Nomerra raises USD $2 million to automate private markets

Private markets firms could cut paperwork as the Berlin start-up targets manual fund accounting, treasury and transfer agency work.

By Mark Tarre • 4 min read • Last month

Stories from Other Regions

Fundraising stories

Software-as-a-Service

SCX.ai launches AUD $40m ASX float for AI infrastructure

The Australian AI infrastructure provider is betting on onshore data control as it seeks AUD $40 million from investors in a fully underwritten float.

By Sean Mitchell • 4 min read • Today

Fintech

George Kailas launches Aethon Fund with USD $50 million

The hedge fund will channel money back into Prospero.ai as it shifts founder George Kailas into a chairman role and adds AI-driven trading.

By Karen Joy Bacudo • 4 min read • Yesterday

Software-as-a-Service

Lumin Digital raises USD $115 million in new capital

Backers including clients boosted the bank software provider's war chest to fund AI, payments and lending development as valuation hit USD $1.6 billion.

By Karen Joy Bacudo • 4 min read • Last week