INFOGRAPHIC: Top Asian Startup Funding — Week 24, 2025
These are the funding deals we tracked in Asia this week — featuring DayOne, Atome, CRED, Sanlayan, Vecmocon, Piston, Kazam, Clean Kinetics, Leumas, and Flick TV.
Asia’s startup ecosystem had a massive week, pulling in a total of about $3.75 billion across sectors like sustainable infrastructure, fintech, EV, defence, and biotech. The standout headline this week came from Singapore-based DayOne, which raised an eye-popping $3.54 billion in loans to fund sustainable digital infrastructure projects across Asia.
Meanwhile, Atome, also based in Singapore, secured $75 million to expand its "buy now, pay later" services in the Philippines. India's fintech platform CRED followed closely behind, securing $72 million to expand its suite of financial offerings.
In the defence tech space, Sanlayan, an Indian startup building indigenous military-grade technologies, bagged $22.4 million in Series A funding to scale its R&D operations.
Vecmocon, a deeptech startup developing intelligent battery systems and software for EVs based in India, closed an $18 million Series A round. The company plans to utilise the funds to accelerate product development and enhance manufacturing capabilities.
Still in India, mobility fintech startup Piston raised $6.1 million in a pre-seed round to replace traditional fleet cards with QR-based mobile fuel payments, aiming to digitize and simplify refueling for commercial fleets across the country.
Back to the EV space, Kazam, also based in India, secured $6 million in Series B funding to expand its charging station network and optimise its software offerings in smaller Indian cities.
Cleantech company Clean Kinetics, based in Hong Kong, raised $3.34 million in Series A funding to expand its solar energy portfolio and grow the business.
India-based Leumas, a deep-tech manufacturing company, brought in $2.2 million in seed funding to grow its research team, set up trial factories for wellness and pharmaceutical brands, and expand its on-demand manufacturing services.
Rounding out the week, Indian streaming startup Flick TV raised $2.3 million in a seed round led. The company plans to use the fund to make streaming better on smartphones, hire more people, and get more users
