CMOtech Asia - Technology news for CMOs & marketing decision-makers

Fundraising stories

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Pinewood lifts revenue as US dealership testing starts

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Pinewood boosts annual revenue and EBITDA as testing begins at Lithia's US dealerships, with cash rising and medium-term growth targets intact.
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Wasabi secures USD $250 million credit facility from Bain

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Wasabi lands USD $250 million Bain-led credit line to fund cloud storage expansion, AI-ready infrastructure and overseas growth.
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Salmon secures USD $100 million for Philippines expansion

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Salmon backs Philippine consumer finance push with USD $60 million equity round and USD $40 million bond issue as it scales lending.
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Tines to double Australia headcount as APAC hub opens

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Tines ramps up Australia presence with APAC hub and customer-facing hires as local firms and IT teams drive broader AI automation adoption.
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Lua raises USD $5.8 million seed round led by Norrsken22

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London's Lua secures USD $5.8 million seed backing from Norrsken22 as it expands its platform for businesses to manage AI agents.
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US AI megadeals drive global VC to USD $331 billion

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US AI megadeals push global venture capital to a record USD $330.9 billion as OpenAI, Anthropic and xAI dominate first-quarter funding.
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Nava raises USD $22 million to expand AI cloud in Asia

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Nava secures USD $22 million from Greenoaks and backers to grow its AI cloud platform, with Singapore now its regional base.
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OpenAI raises USD $122 billion in record AI funding

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OpenAI secures USD $122 billion in funding as Amazon, Nvidia and SoftBank back a rapid expansion in compute, enterprise tools and product plans.
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OpenFX raises USD $94 million to speed cross-border payments

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OpenFX secures USD $94 million to scale real-time cross-border payments, after growing annual volumes to more than USD $45 billion and adding 100-plus clients.
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Multiplier buys Oxygen Advisors in sixth global deal

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Multiplier expands in New Zealand with Oxygen Advisors buyout as the startup-focused accounting firm joins its global roll-up.
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Singapore founder Mia Hoang wins TiE women global pitch

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Singapore founder Mia Hoang has won the TiE Women Global Pitch Competition 2026, securing GBP £58,000 in equity-free funding for AirXCarbon.
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Zalos raises USD $3.6 million for finance AI agents

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Zalos secures USD $3.6 million seed funding to build AI agents that automate complex finance workflows across legacy enterprise systems.
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Obin AI raises USD $7 million to power agentic finance

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Obin AI exits stealth with USD $7 million to build auditable AI agents for heavily regulated financial workflows and asset managers.
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Robinhood fund buys into Stripe, AI start-up ElevenLabs

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Robinhood Ventures Fund I adds Stripe and ElevenLabs stakes to give retail investors listed access to late-stage private tech firms.
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Cryptio raises USD $45m to scale digital asset ERP tools

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Cryptio raises USD $45m Series B to scale its digital asset ERP platform for banks, auditors and tokenisation firms handling on-chain data.
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Sentinel Global rebuilds AI-led venture team, eyes 2026

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Sentinel Global rebuilds its AI-driven venture team around GIC veteran Jeremy Kranz and expands Sentinel Labs, targeting a 2026 fundraise.
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Legora raises USD $550m to fuel US & APAC AI growth

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Legal AI platform Legora raises USD $550m at a USD $5.55bn valuation to speed expansion across the US and wider Asia-Pacific markets.
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Carta buys ListAlpha to launch integrated private CRM

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Carta acquires ListAlpha and launches Carta CRM, unifying front-office relationship tools with back-office fund data for private capital firms.
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UpGuard raises USD $75m to expand AI cyber risk tools

Fri, 27th Feb 2026
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UpGuard secures USD $75m Series C to scale its AI cyber risk platform, fuelling product development, global expansion and acquisitions.
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Telgea raises USD $5m to expand global mobile platform

Thu, 26th Feb 2026
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Telgea raises USD $5m led by Telenor to scale its unified global mobile platform for operators and multinational enterprise customers.