FB Pixel no scriptDeals in brief: Eezee and Diaflow raise funding, VentureTech backs two Malaysian firms, DBS launches AI-focused IPO fund with Granite Asia, and more
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Deals in brief: Eezee and Diaflow raise funding, VentureTech backs two Malaysian firms, DBS launches AI-focused IPO fund with Granite Asia, and more

Written by Sudo Lim Published on   4 mins read

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Eezee’s Singapore team. Photo courtesy of the company.
Bringing you the latest updates on funding and investment activity across the Asia Pacific.

Eezee raises USD 5 million to scale procurement tools across Southeast Asia

Eezee, a Singapore-based procurement and supply chain platform focused on enterprise tail spend, has raised USD 5 million in a pre-Series B funding round led by Korea Investment Partners. Existing backers Kickstart Ventures and Wavemaker Ventures also participated, alongside several other investors.

The company said the oversubscribed round will support its regional expansion and further investment in its artificial intelligence-powered tools. The raise coincides with Eezee’s launch in Thailand, adding to its footprint in Singapore, Malaysia, Indonesia, and the Philippines. Its software reportedly automates fragmented, low-value procurement workflows, reducing sourcing timelines from days to minutes and lowering costs for customers.

Eezee said its Indonesia and Malaysia units have reached operational profitability. It expects to achieve group-level profitability in the second half of 2026 as it rolls out its tools across multiple markets and expands its regional customer base.

Diaflow secures seed funding to advance agentic AI workflows

Diaflow, a Singapore-headquartered startup, has raised an undisclosed amount of seed funding from Insignia Ventures Partners.

The company develops a multi-agent AI platform that allows users to describe objectives in natural language while autonomous agents manage execution end to end. Unlike rule-based automation tools, the platform interprets user intent and coordinates tasks, including research, reporting, code generation, and workflow automation.

Since launching in February 2025, Diaflow said it has grown to more than 10,000 users globally, with over 60% of its user base in the US.

The new capital will support global expansion, further development of its technology, and continued investment in security and governance features for enterprise customers.

VentureTech invests MYR 28 million in Delta Spike, IX Telecom

VentureTech, a Malaysian state-backed investment firm, has committed MYR 28 million (USD 7.2 million) to two locally based companies, Delta Spike and IX Telecom, to strengthen national capabilities in cybersecurity and cross-border digital infrastructure.

Delta Spike provides managed detection and response services using an AI-driven security operations model that integrates threat detection, incident response, offensive testing, and digital forensics. VentureTech said the investment will support platform development, operational scaling, and regional expansion.

IX Telecom, a hybrid virtual network operator, offers global connectivity and digital infrastructure services across multiple jurisdictions. It is transitioning toward an as-a-service model that combines connectivity, cloud access, managed services, and infrastructure orchestration. The capital will fund regional scaling and commercialization, according to VentureTech.

DBS, Granite Asia partner on USD 110 million AI-focused IPO fund

DBS and Granite Asia have formed a three-year partnership to develop investment and financing solutions for high-growth Asian companies, beginning with the close of a USD 110 million AI-focused IPO fund.

The fund, managed by Granite Asia and distributed exclusively to DBS wealth clients, will invest in IPOs of AI-driven companies across Asia. It attracted investors from Southeast Asia, South Asia, and Europe.

Granite Asia, which manages USD 10 billion in assets under management and co-managed capital, said the fund builds on its experience guiding companies from private markets to IPO.

Under a memorandum of understanding, Granite Asia will develop additional funds for DBS clients, including a private capital product offering non-dilutive financing to technology-enabled businesses. DBS will support portfolio companies through its corporate and investment banking platform, providing services such as subscription financing, corporate loans, merger and acquisition advisory, and IPO preparation.

Photo courtesy of DBS and Granite Asia.

GIC anchors Series G investment in Anthropic

Anthropic has raised USD 30 billion in a Series G round, valuing the company at USD 380 billion post-money. Singapore sovereign wealth fund GIC anchored the round alongside Coatue.

Other participants include D E Shaw Ventures, Dragoneer, Founders Fund, Iconiq, and MGX, as well as institutional investors such as Accel, Bessemer Venture Partners, Fidelity, General Catalyst, JPMorgan Chase, Lightspeed Venture Partners, Menlo Ventures, Morgan Stanley Investment Management, Qatar Investment Authority, Sequoia Capital, and Temasek. The financing includes a portion of previously announced investments from Microsoft and Nvidia.

Anthropic said the capital will be used to fund frontier AI research, product development, and infrastructure expansion.

Heidi acquires AutoMedica to expand clinical AI footprint

Heidi, a health tech company, has acquired UK-based AutoMedica as it expands beyond its core AI scribe product into what it describes as a comprehensive “AI care partner.” Financial terms were not disclosed.

The acquisition coincides with the launch of Heidi Evidence, a product designed to integrate into clinical workflows by offering traceable summaries and citations from partner organizations. The company said the product is intended to address a widening knowledge gap in healthcare.

The addition of AutoMedica brings an evidence-led framework and regulatory relationships in the UK. Heidi said this will support its regulatory alignment efforts and deepen its presence in the UK market.

Grab, Valiance, ACE Robotics, and others made recent headlines:

  • Grab, operator of the eponymous superapp, signed definitive agreements to acquire Stash Financial, a US-based fintech company. The deal assigns a value of USD 425 million to the initial 50.1% stake, and Grab will acquire the remaining equity over three years at fair market value. The transaction is subject to regulatory approvals and is expected to close in the third quarter of 2026.
  • Valiance Health, a Malaysia-based healthcare company, secured a pre-seed investment led by Gobi Partners through its SuperSeed II Fund. Jati Growth and Artem Ventures also participated. Financial terms were not disclosed.
  • ACE Robotics, a Chinese-founded embodied intelligence company, completed an angel round led by Ant Group. Qiming Venture Partners, Golden Vision Capital, Hony Capital, Lenovo Capital, and Lotus Capital, affiliated with Shanghai Jiao Tong University, participated. Existing backer SenseCapital also joined the round.

If there are any news or updates you’d like us to feature, get in touch with us at: hello@kr-asia.com.

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