Startups across Asia raised more than $165.6 million in disclosed funding this week, led by large rounds in digital experience infrastructure, renewable energy projects, and AI analytics platforms. Singapore and India accounted for the majority of deals, with additional activity in Japan and Vietnam as investors continued supporting deeptech, clean energy, and enterprise infrastructure startups.
The Week’s Largest Startup Funding Rounds
Here are the biggest disclosed startup funding and investment rounds across Asia, ranked from highest to lowest.
/1. Mozark, $40 Million, Digital Infrastructure, Singapore
Mozark, a Singapore-based digital experience testing and measurement company, raised $40 million in Series B funding led by the International Finance Corporation (IFC) and RMB Capitalworks, with continued backing from Kalaari Capital. The company helps enterprises, telecom operators, and governments monitor and improve digital service performance. The new capital will support global expansion, product development, and potential strategic acquisitions.
/2. Equator Renewables Asia, $39.3 Million, Clean Energy, Singapore
Equator Renewables Asia secured about $39.3 million in funding to expand renewable energy projects across Southeast Asia. The company focuses on solar power, green hydrogen, and sustainable industrial infrastructure, particularly in Indonesia where energy demand is rising rapidly. The company was founded by Frank Phuan, co-founder of Sunseap Group, which was previously acquired by EDP Renewables.
/3. Solafune, $30 Million+, Space Data & AI, Japan
Tokyo-based Solafune raised over $30 million in Series A funding in a mix of equity and debt led by Globis Capital Partners. The company develops planetary-scale data analytics platforms that use AI to process satellite and geospatial data, helping governments and organisations tackle global security, defence, and environmental challenges.
/4. Mosaic Wellness, $21 Million, Consumer Health, India
Consumer health platform Mosaic Wellness raised about $21 million in primary capital from 360 ONE Asset. The funding will support expansion across the consumer health and wellness ecosystem while enabling an early investor, Spring Marketing Capital, to partially exit.
/5. KaarTech, $11 Million, Enterprise Infrastructure, India
Chennai-based KaarTech secured $11 million in funding from Playbook Partners, joining existing investor A91 Partners, which previously invested $30 million in 2023 and holds about a 30% stake. Following the latest round, the company is valued at approximately ₹2,000 crore.
/6. Skye Air Mobility, $9 Million, Drone Logistics, India
Drone delivery platform Skye Air Mobility secured $4 million in Series B1 funding led by Indian Angel Network’s IAN Alpha Fund. The investment forms part of a broader $9 million Series B round aimed at expanding its autonomous logistics network across India.
/7. Newtrace, $6.3 Million, DeepTech Manufacturing, India
Bengaluru-based Newtrace raised $6.3 million in a Pre-Series A round led by HDFC Bank and Mitsui Sumitomo Insurance Venture Capital. Other participants included Aavishkaar Capital, Speciale Invest, Micelio Technology Fund, and Peak XV Partners’ Surge programme. The company will use the funds to expand manufacturing, engineering, and pilot production.
/8. Dat Bike, $4 Million, Electric Mobility, Vietnam
Vietnamese electric motorbike startup Dat Bike raised $4 million from Thien Viet Securities. The funding arrives as cities like Hanoi move toward reducing gasoline vehicle use, creating strong demand for electric motorbikes.
/9. Verdant Impact, $3 Million, AgriTech, India
Agritech startup Verdant Impact raised $3 million in seed funding led by Unicorn India Ventures. The company builds AI-driven solutions for livestock management and bovine genetics, with plans to expand technology development and market reach.
/10. OpenCFO, $2 Million, Fintech, India
OpenCFO secured $2 million in its first institutional funding round led by Endiya Partners, alongside angel investors from the US and India. The company is building AI agents that automate payables and receivables for businesses and aims to launch its full financial platform by mid-2026.
Conclusion
This week’s funding activity reflects a clear pattern across Asia’s startup ecosystem: investors are backing infrastructure that powers digital services, energy systems, and industrial innovation. From renewable energy projects and satellite intelligence platforms to enterprise infrastructure software and drone logistics networks, capital is flowing toward startups solving structural challenges rather than short-term consumer trends.
Ogbonda Chivumnovu
