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# Asia's Biggest Startup Funding in Week 20 Led by ROBOTERA, Degron Therapeutics, and Konvy
- URL: https://www.techloy.com/asias-biggest-startup-funding-in-week-20-led-by-robotera-degron-therapeutics-and-konvy/
- Published: 2026-05-15T09:30:47.000Z
- Updated: 2026-05-15T09:30:46.000Z
- Description: Robotics, biotech, and consumer platforms led startup funding across Asia this week, with large rounds highlighting growing investor interest in embodied AI, clinical-stage innovation, and scalable digital commerce across the region.
- Author: Ogbonda Chivumnovu
- Tags: / Startups, / Money, Tech in Asia

Asia’s startup funding activity stayed strong this week, with capital flowing into robotics, biotech, semiconductors, and consumer platforms raising over $294 million. While the biggest cheques went to deeptech and healthcare innovation, consumer-facing businesses in beauty, food, and appliances also continued to attract steady investor attention. 

![](https://storage.ghost.io/c/c1/a6/c1a6d111-d951-41ad-a392-c1e841210b93/content/images/2026/05/Asia-Biggest-Startup-Funding-Rounds-in-Week-20-2026.png)

## The Week’s Biggest Startup Funding Rounds 

Here are the most notable startup funding announcements across Asia this week, ranked from highest to lowest. 

### /1\. ROBOTERA, $200+ Million, Robotics, China 

Beijing-based robotics company ROBOTERA raised more than $200 million in a new funding round led by SF Group, HSG, and IDG Capital. The deal follows a separate RMB 1 billion strategic financing completed earlier, reinforcing strong investor confidence in humanoid robotics and embodied AI moving toward real-world deployment. 

### /2\. Degron Therapeutics, $40 Million, Biotech, China 

Clinical-stage biotech company Degron Therapeutics secured $40 million in a Series A round led by LAPAM Capital, bringing its total funding to $95 million. The company will use the capital to advance its lead drug candidate, DEG6498, now in clinical trials. 

### /3\. Konvy, $22 Million, Beauty Platform, Thailand 

Thailand-based beauty and personal care platform Konvy raised $22 million in Series B funding led by Cool Japan Fund. The company plans to expand across Southeast Asia, scale its private label business, and strengthen its regional position. 

### /4\. HrdWyr, $13 Million, Semiconductors, India 

Fabless chip startup HrdWyr raised $13 million in Series A funding led by Ideaspring Capital, with participation from Singularity AMC and Persistent Systems. The company will develop AI-native system-on-chip products targeting edge computing markets. 

### /5\. Dil Foods, $7.7 Million, FoodTech, India 

Virtual restaurant operator Dil Foods raised ₹72 crore (\~$7.7 million) in Series B funding led by the Bikaji Foods Family Office. The capital will support expansion, portfolio growth, and supply chain improvements. 

### /6\. Mekr Technologies, $7 Million, Manufacturing Tech, India 

Consumer appliance startup Mekr Technologies secured ₹67 crore (\~$7 million) in funding led by Avaana Capital. The company will scale manufacturing capacity and expand its presence in domestic and international markets. 

### /7\. Flo Mobility, $2.5 Million, Robotics, India 

Construction robotics startup Flo Mobility raised $2.5 million in a pre-Series A round co-led by Mela Ventures and Arali Ventures. The company is building AI-powered robots to automate material handling on construction sites. 

### /8\. SwishX, $2.2 Million, HealthTech AI, India 

Bengaluru-based SwishX raised $2.2 million in seed funding to scale its AI platform for pharmaceutical and medtech companies and expand internationally. 

## Conclusion 

This week’s funding activity highlights a clear tilt toward robotics, biotech innovation, and semiconductor development, alongside continued investment in consumer platforms across Southeast Asia. The mix suggests investors are backing both long-term deeptech bets and scalable consumer businesses, with AI-driven systems increasingly sitting at the centre of both worlds.