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Airwallex, D3 Bio, Duve, and more raised funds this week.

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Unlike the US, where investments have focused on AI and high valuations, Asia has seen deals spread across a wider range of tech sectors.

The company is valued at over US$180 billion after a recent tender offer.

It is also increasing its presence in the quick commerce sector by converting grocery stores in major cities into dark stores.

Geely claims the centre has set five Guinness World Records, including the largest automotive safety laboratory.

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This would be Rapidus’ first major private-sector loan, with details still under discussion.

Galbot may seek a valuation of between US$3 billion and US$4 billion in the IPO, one source said.

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The facility will include commercial and office space as well as a residential tower, with construction set to begin in 2027.

As startup valuations reset across the region, Japanese corporates are seizing the chance to build sticky partnerships that go beyond financial gain.

Trade AI aims to improve import analysis and detect under-invoicing, over-invoicing, and potential money laundering tied to trade.

The $120 million project will enhance digital infrastructure and reduce reliance on single points of failure.

Lutnick believes TSMC's total investment could rise to over US$200 billion, but did not provide evidence for this estimate.

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Reprogenix, Roojai, Opti, and more raised funds this week.

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The government aims to strengthen the competitiveness of its secondary battery industry amid rising global competition, particularly from China.

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Which investors are writing the most checks to Southeast Asian startups?

Founded in 2025, Strataphy said it will use the funding to enhance its technology and expand its engineering and operations teams.

Founded in 2024, Mnzil operates across more than 13 cities in Saudi Arabia, serving over 100 clients.

The amount is lower than last year’s US$9.59 billion supplementary budget, as the government shifts toward regular budget funding for these sectors.

Erad said the funds are intended for deployment through CMA-licensed direct financing funds managed by Erad Partners Capital.

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The funding would go to Oracle and Vantage, a data center builder, to expand infrastructure for the AI company.