Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Omni HR raises USD 7.4 million to advance HR management in APAC

Omni HR, a Singapore-based human resources management platform, has secured USD 7.4 million in a funding round led by Picus Capital, with participation from Alpha JWC Ventures, January Capital, and Ratio Ventures.

This brings the company’s total funding to USD 9.8 million since its founding in 2021 by Brian Ip, a former Goldman Sachs executive.

Omni HR offers a human resources information system (HRIS) platform that integrates automated workflows, multi-country payroll, and local compliance.

The new funds will be used to broaden the platform’s presence across the Asia Pacific region, enhance localization features, and develop solutions to address gaps in workforce management.

Kamereo secures USD 7.8 million to expand food tech operations in Vietnam

Kamereo, a Vietnam-based B2B food sourcing platform, has secured USD 7.8 million in a Series B round, according to DealStreetAsia.

The round saw participation from Sumitomo Corporation, Inspire, SMBC Venture Capital, Mitsubishi UFJ Capital, and Reazon Holdings, bringing Kamereo’s total funding to over USD 15 million.

The company plans to use the funds to expand into additional cities across Vietnam and launch new services, including a marketplace model, to cater to its diverse customer base of restaurants, schools, and hospitals. Kamereo recently extended its operations to Hanoi, complementing its existing presence in Ho Chi Minh City.

Luma AI lands USD 90 million to scale visual AI innovation

Luma AI, a Silicon Valley-based developer of visual artificial intelligence technologies, has landed USD 90 million in its latest funding round, according to 36Kr. The round featured participation from Amazon, AMD, Factorial Funds, LDV Capital, and existing investors a16z, Amplify Partners, and Matrix Partners.

Luma AI specializes in computer vision applications, including video, 3D, and image generation technologies. The funding will fuel the development of foundational models and expand its product offerings in the competitive visual AI space.

Earlier this year, the company raised USD 43 million in a Series B round, cementing its position as a key player in AI-driven content creation.

Web3 Media Ventures acquires Slise to redefine blockchain advertising

Web3 Media Ventures (W3M Ventures) has acquired Slise, a blockchain-native advertising platform launched in 2022 by Y Combinator alumni.

Slise leverages blockchain data to create advertising solutions for decentralized applications, including decentralized finance (DeFi) protocols, non-fungible token (NFT) analytics, and Web3 gaming platforms.

The acquisition integrates Slise’s on-chain advertising tools into W3M’s portfolio, aimed at advancing innovation in decentralized marketing.

Meatable, KKday, The Flow Studio, and more made recent headlines:

• Meatable, a cultivated meat company, landed an undisclosed amount of investment from Betagro Ventures, the corporate venture capital arm of Thailand’s food giant Betagro. The company also raised EUR 30 million (USD 31.7 million) from Desmos Capital Partners.
• KKday, a travel experience platform, raised USD 70 million in fresh funding. Investors include the Cool Japan Fund, Taiwan-based National Development Fund, CHBVC, Darwin Ventures, and ZUU & De Capital Fund. Additionally, the round includes credit lines from several financial institutions.
• The Flow Studio, a pilates and yoga firm, reportedly received an undisclosed sum of funding from Bintang Capital Partners’ BCP Asia Fund I.

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