INFOGRAPHIC: Top Asian Startup Funding — Week 51, 2025

Last week’s Asian funding activity showed investors favoring late-stage resilience over risk. This week continues that pattern, with capital flowing into scale-ready SaaS, biotech, and infrastructure-linked startups across India, China, and Southeast Asia. This suggests. that investors are still writing checks, but with clearer expectations.

Here’s a closer look at some of the most notable funding rounds we tracked this week:

Bengaluru- and San Francisco-based SaaS firm MoEngage added $180 million to its Series F round weeks after raising $100 million, bringing the total to $280 million. The tranche was led by ChrysCapital and Dragon Funds with continued participation from Schroders Capital and other. A significant portion of the raise was secondary liquidity for early investors and employees, while the remaining proceeds will help MoEngage expand its AI-driven Merlin suite and accelerate global go-to-market efforts across North America, EMEA, and Asia-Pacific.

Hong Kong-based RedotPay closed a $107 million Series B round, led by Goodwater Capital with Pantera Capital, Blockchain Capital, and Circle Ventures participating. The stablecoin payments and fintech platform plans to use the capital to support acquisitions, licensing efforts, and global hiring as it scales stablecoin-powered payment products and cross-border remittance capabilities to users in more than 100 countries.

This week Shanghai’s biotech startup Allink Biotherapeutics secured $47 million in a Series A extension, led by Legend Capital and Meituan Long-Z Investment, to accelerate clinical development of its antibody-drug conjugate (ADC) and multi-specific antibody programs currently in global Phase I trials.

Indian recruitment and job marketplace WorkIndia raised roughly $10.8 million (Rs 97 crore) in Series B funding led by Aavishkaar Capital, with participation from BEENEXT Capital. The company said the fresh capital will go toward platform upgrades, better candidate-employer matching technology, and expansion into new high-demand regions across India.

Singapore-based maritime electrification startup Pyxis closed the first $10 million of its growth funding round, backing efforts to scale electric vessel production and expand charging infrastructure for coastal and harbor operations across Southeast Asia. Investors include climate and maritime-focused firms alongside strategic funding to build out hardware and energy management platforms. 

Indian experiential tech and AI-driven platform Tagbin raised $10 million in funding from a group of investors including SageOne Flagship Growth OE Fund and veteran backers like Ramesh Damani, Jyotirvardhan Sonthalia, Sanjay Kaul, and the Kurl-on group. Tagbin said it will use the capital to scale its AI products and is targeting an initial public offering (IPO) in 2027. 

Ahmedabad-based B2B solutions startup Magma closed its Series A round at approximately $8 million, including a recent extension that brought additional capital from investors including GVFL (Gujarat Venture Finance Limited), Capria Ventures, Avinya Ventures, and AVNM Ventures. These funds will be used to scale industrial solutions and manufacturing-tech offerings across India. 

AI cybersecurity startup Gambit Cyber raised $3.4 million in seed funding, led by Expeditions, with participation from Bitdefender Voyager Ventures. Although headquartered in the Netherlands, Gambit’s AI-native threat exposure management platform is positioning for regional expansion into the Asia-Pacific alongside Europe and the UAE.

Across sectors, investors are backing companies that combine strong technology foundations (especially AI and software) with real revenue paths or clinical pipelines.

The diversity of rounds — from enterprise SaaS and fintech to biotech and cleantech — underscores that Asia’s startup ecosystem remains diverse and dynamic as it heads toward 2026.