Cube raises Series A funding to expand e-commerce data intelligence platform
Cube, an e-commerce data intelligence startup, has raised USD 3.7 million in a Series A funding round led by Betatron, with participation from M Venture Partners, as first reported by Tech in Asia.
Founded in 2022, Cube aggregates fragmented digital retail data to provide brands with granular insights into online market performance. Its platform combines public data, consumer inputs such as receipts and surveys, and proprietary processing to deliver sales estimates and category-level analytics via APIs and its Meter Cube dashboard.
The company plans to use the funding to expand its geographic footprint beyond Southeast Asia into North Asia and Latin America, while broadening its product coverage across categories such as mom and baby care, as well as packaged food and beverages. It will also invest in enhancing its artificial intelligence-driven tagging system, which aims to enable detailed product-level insights across multiple languages.
PvX Partners raises funding to scale cohort financing for consumer apps
PvX Partners, a financial services platform focused on cohort financing for consumer applications, has raised USD 10.5 million in a Series A round led by T-Accelerate Capital, with participation from Z Venture Capital and Drive by DraftKings. Existing investors, including Play Ventures and General Catalyst, also joined the round.
PvX provides growth capital to mobile gaming and consumer app developers through user acquisition (UA) financing, using its proprietary machine learning platform, PvX Lambda, to analyze performance data and forecast outcomes. The company has surpassed USD 750 million in committed UA financing, reflecting growing adoption of the model as an alternative to traditional venture funding.
The new capital will be used to expand the firm’s deal flow, increase hiring, and enhance Lambda’s predictive capabilities. PvX is also investing in its broader product suite to improve performance and scalability.
Singapore’s MPA backs six firms to scale robotic hull solutions
The Maritime and Port Authority of Singapore (MPA) has awarded close to SGD 3.7 million (USD 2.9 million) in R&D co-funding to six companies to advance in-water hull inspection and cleaning technologies, including Alicia Bots, C-Leanship, Neptune Robotics, Oceanis Robotics, RINA, and Seahi Robotics.
The funding, deployed through the Maritime Innovation and Technology (MINT) Fund, follows a competitive call for proposals that drew 19 submissions from 36 companies across nine countries. The selected partners, spanning technology providers, service operators, classification societies, and shipowners, will collaborate to develop and trial robotic systems in live port conditions over an 18-month period starting in the second half of 2026.
The initiative targets marine biofouling, a persistent issue that increases vessel drag, fuel consumption, and emissions. While solutions exist, deploying them efficiently in high-traffic ports remains challenging due to complex hull structures, strong currents, and environmental requirements.
MPA aims to validate scalable, automated solutions that can operate safely alongside port activities, supporting Singapore’s push toward more efficient, sustainable shipping.
Recent deals completed in China:
- Pudu Robotics, an embodied intelligence company, has raised nearly USD 150 million in a new round, lifting its valuation above USD 1.5 billion. Investor details were not disclosed. The company will use the funds to advance its technology, broaden its product lineup, expand globally, scale manufacturing, and strengthen its supply chain. Its cumulative funding now exceeds USD 300 million.
- Star Trail Interactive, a digital technology and entertainment company founded in 2025, has secured an eight-figure RMB sum in an angel round from investors including CP Group and Darong Cultural Media. The company uses AI to support the development and operation of IP, including comics, animated content for children, and virtual idols. It will use the funds to expand its team, increase production capacity, and build out its platform. —36Kr
- Aureka Biotechnologies, a biotechnology company, has raised USD 35 million in a Series A+ round led by HongShan, with participation from Matrix Partners and BioTrack Capital. Existing backers, including 5Y Capital, Qiming Venture Partners, and NRL Capital, also joined the round. The company will use the funds to develop AuraIDE, its proprietary functional antibody design platform, strengthen its foundation models and agent capabilities, and expand its experimental infrastructure. —36Kr
- Omix Science, an AI-for-science company, has completed a Series A round, raising over RMB 100 million (USD 14.6 million). Investors include SCGC, Fosun Health Capital, Taiping Financial Holdings, Hangzhou Industrial Investment Group, and a Guangdong-based medical fund. The company is developing AI-driven systems for scientific discovery, with an initial focus on life sciences and healthcare. It will use the funds to deepen R&D, clinical application, and industry partnerships. —36Kr
- GPEM, a provider of electromagnetic actuator solutions, has raised an eight-figure RMB sum in a new round jointly backed by Innoangel Fund, Suzhou Capital Group’s angel fund, and SND Rongcheng. Founded in 2023, the company develops electromagnetic valves, brakes, and clutches for industrial automation, smart vehicles, and embodied robots. It will use the funds to invest in production line equipment and upgrade its R&D capabilities. —36Kr
- CheeChips, a company focused on AI-enabled maternal and infant care products, has completed an angel round. Investor details and the amount raised were not disclosed. The company has launched a fetal imaging recorder for home use designed to capture fetal growth during pregnancy and make the experience shareable with family members. It will allocate nearly half of the funds to technology R&D, including AI model iteration, product prototyping, and patent development, with the remainder going toward talent recruitment, brand building, market research, and user insights. —36Kr
- DeepWay, a developer of autonomous heavy-duty trucks, has secured additional capital in its pre-IPO round, bringing the total raised to more than USD 310 million. The round was led by UAE-based Stone Venture, with participation from NGS Super and Xiamen Guosheng Fund. Existing investors, including ABC Impact and Nanjing Ronghe Venture Capital, also increased their stakes. The company will use the funds to advance autonomous driving R&D and support the global rollout of its driverless freight fleet, with overseas expansion planned across the Middle East, Europe, North America, Australia, and Asia Pacific. —IPO Zaozhidao
- Elegoo, one of China’s leading 3D printing companies, has raised a nine-figure RMB sum in a Series B+ round. The round was jointly backed by Meituan’s DragonBall Capital, Shenzhen Capital Group, Hillhouse Investment, Yintai Group, Panorama Capital, Mornway Capital, and Shenzhen HTI Group. The deal comes less than six months after an earlier round that included DJI. Elegoo, whose roots trace to Shenzhen’s Huaqiangbei hardware ecosystem, will use the capital to sharpen its product competitiveness and pursue growth. —36Kr
Baskit, OrtCloud, Tencent, and others made recent headlines:
- Baskit, a Singapore- and Jakarta-based company, raised USD 4.4 million in the first close of a Series A round led by Cento Ventures, with participation from Kaya Founders, Analog Ventures, and Orvel Ventures. The company also secured a USD 3 million revolving credit facility from HSBC Innovation Banking.
- OrtCloud, a Singapore-based startup, raised USD 1.7 million in a pre-seed round led by Golden Gate Ventures, with participation from Antler, as it builds infrastructure for fixed workloads and artificial intelligence agent sandboxes.
- Tencent acquired a 3.2% stake in Kaspi.kz, with the purchase costing about USD 518 million based on prior market prices. The stake comprises six million American depositary receipts from Baring Fintech Venture Funds, purchased by the Chinese tech giant alongside other buyers, including Spice Expeditions and US university endowments such as Washington University and the University of Wisconsin Foundation.
If there are any news or updates you’d like us to feature, get in touch with us at: hello@kr-asia.com.
Note: RMB, SGD figures are converted to USD at rates of RMB 6.83 = USD 1 and SGD 1.27 = USD 1 based on estimates as of April 28, 2026, unless otherwise stated. USD conversions are presented for ease of reference and may not fully match prevailing exchange rates.