Funding Successes: Matsuri Technologies closes Series D investment, BayaniPay gains additional capital in Series A round, and six deals sealed in China, among other wins.
In the ever-evolving landscape of technology and sustainability, several startups have recently secured significant investments to drive their innovative projects forward. Here's a roundup of some of the most promising developments.
AgriG8 Targets Decarbonization in Southeast Asia
AgriG8, a startup focused on decarbonizing rice production, has received an undisclosed investment from Better Bite Ventures and The Trendlines Group. The company aims to initially target Indonesia, Thailand, and Vietnam, with a goal of achieving USD 100 million in revenue and mitigating 100 million tons of CO2 emissions over the next decade. AgriG8 has developed a digital platform that provides access to finance and incentivizes methane-reducing farming practices in rice-growing Asian countries.
Octayne Taps into Agricultural Sector with Waste-to-Energy Venture
Octayne, a Singapore-based waste-to-energy venture, has secured USD 525,000 in pre-seed funding from Wavemaker Impact. The company aims to convert agricultural biowaste into a carbon-neutral fuel alternative and tap into Southeast Asia's agricultural sector. The funds will be used to execute pilot projects, develop technical products and platforms, and recruit a specialized team.
Matsuri Technologies Raises Series D Funding
Matsuri Technologies, a Tokyo-based provider of StayX, a solution for converting single-use rooms into multiple-use spaces, has completed a Series D funding round, raising JPY 1.34 billion (USD 8.5 million). The funding will be used to enhance its software offerings, increase the number of facilities, invest in talent, and support overseas expansion.
Stanly Connects Fans Globally
Stanly, a platform for fans to connect, engage, and celebrate their favorite fandoms, has raised USD 8 million in pre-Series A funding. Since its beta launch in February, the platform has attracted over 200,000 members.
BayaniPay Expands Bill Payment Service
BayaniPay, a payments automation company based in Los Angeles and the Philippines, has raised an additional USD 3 million, bringing its Series A funding to USD 9.6 million. The company plans to use the funds to expand its bill payment service, enabling payments from the US and globally.
PZEDA Secures Pre-Series A+ Funding
PZEDA, a Chengdu-based developer of printed circuit board (PCB) design software, has bagged over RMB 100 million (USD 13.8 million) in a pre-Series A+ funding round from Beite Fund.
Zhenli New Materials Raises Angel Funding
Zhenli New Materials, a new energy materials developer, has raised an eight-figure RMB sum in an angel funding round, but the investor details were not disclosed.
Aoda Biotechnology Completes Series A Financing
Aoda Biotechnology, a Chengdu-based biopharmaceutical company, has completed its Series A financing round with Renxi Technology Innovation Investment and Green Pine Capital Partners as investors.
BEM-Power Secures Series B Financing
BEM-Power, a Wuxi-based provider of marine electrification systems, has secured nearly RMB 100 million (USD 13.8 million) in Series B financing, with Haichuang Venture, Qingdao Guoxin, Wuxi Capital Group, and Guolian Capital as investors.
Naturality Digital Secures Pre-Series A+ Funding
Naturality Digital, a tech-enabled digital marketing agency, has secured an eight-figure RMB sum in a pre-Series A+ round of financing, led by FreesFund, with continued investment from existing shareholder MiraclePlus.
Huason Electronics Technology Receives Investment
Huason Electronics Technology, a design and production company specializing in electronic circuits, has received an undisclosed amount of investment from Deyang Development Holding Group.
Octayne Green Fuels Secures Pre-Seed Funding
A recent investment of one million US dollars in the development of the hydrogen energy valve offered by Octayne Green Fuels was made by an unnamed institution; specific details about the institution were not disclosed.
These investments highlight the growing interest in innovative solutions that address pressing global challenges, from decarbonization and waste management to digital marketing and payments automation. As these startups continue to grow and develop their technologies, we can look forward to a future where these solutions become integral parts of our daily lives.
