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Deals in brief: Xnergy and HiFeed secure funding, Anthropic nears completion of USD 2 billion round, China’s Weimai raises Series D funding, and moreBringing you the latest updates on funding deals and activities in the Asia Pacific. Xnergy secures investment from Woori Venture Partners Xnergy, a Singapore-based company specializing in high-power wireless charging solutions, has received an undisclosed investment from South Korean venture capital firm Woori Venture Partners. This funding will enable Xnergy to scale its operations, expand...0 Comments 0 Shares 11K Views 0 Reviews
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Indonesia’s Elevarm raises $4.25M in Pre-Series A funding led by IntudoElevarm, an Indonesian agritech company, has raised $4.25 million in pre-Series A financing led by Intudo, with participation from existing investors Insignia Ventures Partners and 500 Global. Elevarm said in a statement on Thursday that the funds will be used to build artificial intelligence (AI)-powered farmer productivity tools, expand seed varieties, and develop new agri-input products...0 Comments 0 Shares 9K Views 0 Reviews
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Indonesia’s Eratani secures $6.2M in Series A funding led by Clay CapitalIndonesian agricultural technology company Eratani has successfully raised $6.2 million in a Series A funding round led by Clay Capital. The round also saw participation from TNB Aura, SBI Ven Capital, AgFunder, Genting Ventures, and IIX, Eratani said in a statement on last Thursday. The raise underscores investor confidence in Eratani’s ability to transform Indonesia’s rice...0 Comments 0 Shares 7K Views 0 Reviews
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Malaysia’s Catcha Digital acquires 60 percent stake in One International for $2.7M to enter trade exhibition industryMalaysia-based Catcha Digital Berhad announced Thursday that its wholly-owned subsidiary, Catcha Connect Sdn Bhd has entered into a conditional share sale agreement to acquire a 60% equity interest in One International Exhibition Sdn Bhd, an exhibition and trade show organizer in the agricultural and construction industries in Malaysia for a cash consideration of MYR 11.38 million ($2.7...0 Comments 0 Shares 1K Views 0 Reviews
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Partners in synergy: How SariSuki is keeping things fresh in tackling food insecurityRising cost, lack of accessibility, inefficient distribution, and a very weak supply chain have made the Philippines the country with the most severely food-insecure people in Southeast Asia. The United Nation’s State of Food Security and Nutrition in the World Report released in 2024 says that 50.9 million Filipinos could not consistently obtain food in 2022. As of 2020, the Food and...0 Comments 0 Shares 10K Views 0 Reviews
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Singapore’s Agridence secures global investment to accelerate multi-commodity compliance platformAgridence Pte. Ltd., a Singapore-based technology firm in digital agri-commodity supply chains, announced Wednesday a funding round led by Cercano Management and supported by returning strategic investors EXEO Innovation Fund and Provident. This will empower Agridence to rapidly scale its multi-commodity compliance platform to help its customers by tackling industry-wide challenges such as...0 Comments 0 Shares 1K Views 0 Reviews
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Vietnam’s Bien Hoa Consumer secures funding from UOBVM for clean and green product expansionBien Hoa Consumer Joint Stock Company (BHC), a core subsidiary of TTC AgriS, has officially announced the successful completion of a strategic fundraising round from UOB Venture Management Pte Ltd (UOBVM) managed funds. The duo said in a statement on last Wednesday that under the agreement, UOBVM managed funds will hold an approximately 12 percent stake, becoming a substantial shareholder....0 Comments 0 Shares 7K Views 0 Reviews
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