Indonesia’s Blitz secures pre-Series A funding
Blitz Electric Mobility, an Indonesia-based electric vehicle logistics platform, has raised an undisclosed amount in a pre-Series A funding round led by Malaysia’s Vynn Capital, with participation from Iterative Capital. Angel investors Balaji Srinivasan, Rajesh Venkatesh, and Vinner Ventures also joined, alongside institutional backers including ADB Ventures, FiveFortyAlpha, BonBillo Fund, and Peak XV Partners.
Blitz runs an asset-light model that connects businesses with gig couriers and provides embedded EV financing to support adoption.
The fresh capital will be used to support Blitz’s expansion in Indonesia, extend coverage beyond its current network in more than 60 cities, and improve profitability.
Tazapay raises Series B funding with backing from blockchain leaders
Tazapay, a Singapore-based cross-border payments infrastructure provider, has raised an undisclosed amount in a Series B round led by Peak XV Partners, with participation from Ripple, Circle Ventures, Norinchukin Capital, GMO VenturePartners, and existing investors January Capital and ARC180.
Tazapay offers collection and payout capabilities across markets, bridging fiat and stablecoin networks.
Proceeds will be used to accelerate global licensing efforts, including applications in the UAE, US, Hong Kong, Australia, and Singapore. The company also plans to expand its real-time payments, ACH (Automated Clearing House), and digital asset offerings.
Nasdaq-listed Rezolve.ai acquires Singapore’s ViSenze
ViSenze, a Singapore-based artificial intelligence platform, has been acquired by Rezolve.ai, a Nasdaq-listed conversational commerce company. Financial terms were not disclosed.
Founded in 2012, ViSenze initially focused on visual search for retail before expanding into multimodal AI-powered search tools for e-commerce and in-store shopping. Its IP and team will be integrated into Rezolve, with Singapore set to serve as Rezolve’s Asia Pacific headquarters.
Cashku secures MYR 10 million investment
Cashku, a Kuala Lumpur-based fintech platform, has raised MYR 10 million (USD 2.4 million) from investors including Tunku Zain Al-‘Abidin, former Securities Commission chairman Datuk Ali Abdul Kadir, 1337 Ventures, and private equity professionals from the UK.
The company positions itself as an end-to-end digital financial planning platform, enabling users to consolidate investments, retirement plans, and managed funds while accessing goal-based advisory services in a single ecosystem.
The funds will be used to enhance Cashku’s technology, expand its nationwide reach, and strengthen partnerships. Cashku also plans to broaden its product suite ahead of a Series A raise, citing strong investor interest in digital wealth management globally.
Tin Men Capital leads Series B investment in Atlas
Atlas Consolidated has raised USD 18.1 million in a Series B round led by Tin Men Capital, with participation from Getz and Woodside Holdings Investment Management.
The company is the developer behind HugoHub, a “bank-in-a-box” platform that helps financial institutions modernize core systems and deliver digital-first banking at lower cost. HugoHub claims that it can reduce technology spending by up to 90% and operating costs by 75–80%, while enabling banks to deploy modular upgrades without major system overhauls.
The new funding will support Atlas’ expansion into new markets and its efforts to improve financial inclusion in underserved economies.
Pintarnya raises USD 16.7 million in Series A round
Pintarnya, a Jakarta-based job platform that integrates financial services with employment opportunities, has raised USD 16.7 million in a Series A round led by Square Peg, with participation from Vertex Ventures Southeast Asia & India and East Ventures.
Founded in 2022, the company has developed an ecosystem that reportedly serves more than ten million users and 40,000 employers. In addition to job matching, Pintarnya offers secured lending products through asset-backed partners, enabling workers to access credit against collateral such as gold, electronics, or vehicles.
The proceeds will be used to enhance the platform and expand access to financial services nationwide, with the company stating its mission is to improve employment security and financial inclusion for Indonesia’s workforce.
Xora Innovation co-leads Series A investment in OpenLight
Temasek’s Xora Innovation has co-led a USD 34 million Series A round in OpenLight, a California-based integrated photonics company spun out of Synopsys. Capricorn Investment Group co-led the round, with participation from Mayfield, HPE (via Juniper Networks), Lam Capital, New Legacy Ventures, and K2 Access.
OpenLight develops photonic ASICs (PASICs) using a process design kit that integrates indium phosphide and silicon photonics, enabling higher-speed, lower-power optical interconnects for data centers.
The new funding will support expansion of OpenLight’s photonics library, ramp-up of production, and team growth as the company moves customers to volume deployments.
SeaTown completes first close of third private credit fund
SeaTown Holdings International, a Singapore-based alternative investment firm owned by Temasek’s Seviora Holdings, has reached the first close of its SeaTown Private Credit Fund III with more than USD 612 million committed. The fund drew investors from the Middle East, Japan, Taiwan, and Singapore.
The vehicle will focus on proprietary lending opportunities in the region, offering structured financing solutions with downside protection and targeting mid-teen net returns.
Clifford Chance served as lead fund counsel.
India’s Kiwi raises USD 24 million in Series B round
Kiwi, an India-focused fintech company, has raised USD 24 million in a Series B round led by Vertex Ventures Southeast Asia & India, with participation from Nexus Venture Partners, Stellaris Venture Partners, and Omidyar Network.
Founded in 2023, Kiwi enables consumers to access credit lines directly through the Unified Payments Interface (UPI), combining India’s payments network with the flexibility of card-based products.
The new funding will support Kiwi’s product development, expand partnerships, and improve unit economics as the company targets issuing one million credit cards within the next two years.
Recent deals completed in China:
- Tsinergy, a cryogenic equipment developer, has completed multiple funding rounds backed by state-level industrial capital and strategic institutions. Six Sigma Capital acted as financial advisor. The funds will support R&D and the construction of its second manufacturing center. Founded in June 2022, the company develops helium and hydrogen liquefaction systems for applications in fusion, green hydrogen, and aerospace. —36Kr
- Microview, a chip packaging equipment maker, has raised more than RMB 100 million (USD 14 million) in a Series B round. Investors include Qianhai Financial Holdings, Future Capital, and Leaguer, with continued backing from HT Capital and Share Capital. Profound Capital served as financial advisor. The company will allocate the capital to R&D aimed at advancing packaging solutions for transmission, storage, and computing. —36Kr
- Chromai, a scientific instrument maker, has secured an eight-figure RMB sum in a Series A+ round led by Andon Health. The company specializes in ultra-high performance liquid chromatography (UHPLC) technology and will use the proceeds to accelerate commercialization and sustain innovation. —36Kr
- RobotAnno, a robotics company, has raised an eight-figure RMB sum in angel funding from Cowin Capital. The capital will support technology upgrades and expansion into food service, cultural tourism, and retail applications. —36Kr
- Sany Hydrogen Energy, a subsidiary of Sany Group, has closed a Series A round led by Qiming Venture Partners, raising a nine-figure RMB sum. The company plans to scale R&D and manufacturing of green hydrogen equipment. —36Kr
- Xuantron, a robotics startup, has raised an eight-figure RMB sum in a pre-Series A round from Oriental Fortune Capital. Cloud Joy Capital acted as financial advisor. The proceeds will go toward R&D and market expansion of its special-purpose embodied robots. —36Kr
- Ianlon, a provider of automotive white body solutions, has secured RMB 200 million (USD 28 million) in a Series B round co-led by Hengxu Capital and SAIC Financial Holdings. The funding will be used to expand advanced production capacity in hot forming and integrated die casting. —36Kr
- Mtaitech, an augmented reality and AI terminal developer, has raised an eight-figure RMB sum in a pre-Series A round from CDL Precision Technology. Gaoshi Capital advised on the deal. The funds will support product development, team expansion, and ecosystem building. —36Kr
- FirstDrive, an electric mobility company, has raised nearly RMB 100 million in an angel round. The proceeds will be used for platform and application development and to scale electric two-wheeler production for global markets. —36Kr
- DreamFly, an aerospace technology startup, has raised more than RMB 100 million across a pre-Series A++ round and a strategic round. SparkEdge Capital led the earlier round with support from Peakvest, Moganshan Fund, and Fenghua Venture, while the Civil Aviation Investment Fund solely backed the latter. Lighthouse Capital served as advisor. The company will use the funding to advance certification and mass production of its DF600 model and develop its DF3000 crewed aircraft. —36Kr
- BlueLink SatCom, a satellite communications company, has raised an undisclosed sum of funding in an angel plus round from TusStar VC. The capital will go toward satellite batch production and component procurement. —36Kr
WeRide, Robocore, Bluente, and more made recent headlines:
- WeRide, a Nasdaq-listed autonomous driving company, announced an equity investment from Grab. The deal, expected to close in the first half of 2026, will underpin a partnership to deploy and commercialize Level 4 robotaxis and autonomous shuttles across Southeast Asia.
- Robocore Technology, a Hong Kong-based service robotics company, secured up to USD 30 million in Series D financing from Foxconn through its subsidiary Q-Run Holdings. The initial USD 10 million tranche gives Foxconn a 6.6% equity stake in Robocore’s subsidiary RoboTemi Global.
- Bluente, a Singapore-based company, closed a USD 1.5 million seed plus round led by Informed Ventures.
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