Harvey adds fresh capital as GIC doubles down on legal AI
Harvey, a legal infrastructure company serving law firms and in-house legal teams, has raised USD 200 million in a funding round co-led by returning investors GIC and Sequoia, at a valuation of USD 11 billion. Existing backers Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins also participated.
Harvey said more than 25,000 custom agents, artificial intelligence systems designed to handle multistep tasks with limited human input, now run on its platform across mergers and acquisitions, due diligence, contract drafting, and document review. It said it works with a majority of the 100 largest law firms in the US, more than 500 in-house legal teams, and 50 asset managers across 60 countries.
“AI isn’t just assisting lawyers. It’s becoming the system through which legal work gets done,” co-founder and CEO Winston Weinberg said.
Harvey said it will use the new capital to expand the agents that customers run on its platform and grow the legal engineering teams that deploy and refine them globally.
Amity raises USD 100 million to expand vertical AI and its Singapore research hub
Amity, an AI and software company founded in Thailand, has raised USD 100 million in a Series D round led by EDBI, alongside Asia Partners and SMDV, with participation from existing and new investors including CMLIM Capital.
The company said it will use the capital to expand its technology capabilities, strengthen its operations in Singapore, grow across Southeast Asia and Europe, and pursue acquisitions ahead of a planned IPO in 2027.
It is positioning the round around vertical AI models and agentic AI for enterprise customers, particularly in retail and telecommunications. Part of the new capital will go into its research and application center in Singapore, which will focus on industry-specific AI products and autonomous systems across its software portfolio.
The company’s pitch is becoming more specific: translating research into tools that enterprise customers will pay to use.
Startale completes a USD 63 million round with SBI and Sony on board
Startale Group, a Web3 solutions provider, has completed a USD 63 million Series A round, comprising a USD 50 million second close from SBI Group and a USD 13 million first close from Sony Innovation Fund announced in January. The raise brings together two of Startale’s key partners and gives it more capital to build blockchain infrastructure across tokenized securities, stablecoins, and consumer-facing applications.
The company said it will use the funding to scale Strium, its platform for tokenized securities and real-world asset trading, expand adoption of its stablecoins, and turn its app into what it describes as a superapp combining asset management, payments, mini apps, and social features.
Startale also co-develops Soneium with Sony and has been working with SBI on digital finance infrastructure, including the first trust bank-backed JPY stablecoin and a blockchain for tokenized securities announced through a joint venture in 2025.
EPG raises capital to scale modular data center buildouts for AI
EPG, a data center infrastructure provider, has raised more than USD 100 million in a Series B+ round led by Decarbonization Partners, the joint venture between BlackRock and Temasek, with Alibaba Cloud and other investors also participating.
The round follows EPG’s Series B round earlier this year and will support its next phase of international expansion, including additional spending on R&D, manufacturing, and delivery capacity.
Founded in 2004, EPG specializes in modular data center systems that package power, IT, and cooling infrastructure into prefabricated units designed to move faster than conventional construction. The model is gaining relevance as AI workloads push demand toward denser facilities and shorter deployment timelines.
Tazapay extends Series B round as investors back regulated cross-border payment rails
Tazapay, a fintech firm, has closed a Series B extension round led by Circle Ventures, bringing its total Series B funding to USD 36 million.
New investors CMT Digital and Coinbase Ventures joined Circle Ventures, Peak XV Partners, GMO Venture Partners, and January Capital in the extension round. Ripple, Norinchukin Capital, ARC180, and RTP Global remain existing backers.
The company said it will use the proceeds to expand licensing in more jurisdictions, accelerate go-to-market efforts in Asia, Latin America, the Middle East, and the Americas, and build infrastructure for agentic, AI-driven payment flows.
Tazapay is positioning itself as a regulated last-mile layer for businesses moving money across emerging markets, where traditional banking rails can still be slow, expensive, and operationally complex. It said it has doubled revenue for three consecutive years and holds licenses and registrations in Singapore, Canada, Australia, and the US, with applications underway in the UAE, the European Union, and Hong Kong.
“Stablecoin adoption in cross-border commerce depends on regulated, operationally reliable infrastructure,” Circle Ventures’ Brian Schultz said.
KWAP backs KJTS and Stonepeak’s cooling platform in Malaysia
Lestari Cooling Energy, the district cooling joint venture formed by KJTS Group and Stonepeak, is adding Kumpulan Wang Persaraan, or KWAP, as an investor.
KWAP, Malaysia’s public sector pension fund, is expected to commit up to MYR 190 million (USD 47.1 million) through Dana Iklim+, the country’s climate-focused investment initiative. The added capital is intended to strengthen Lestari’s platform as it develops district cooling and electricity distribution assets, primarily in Malaysia.
The business operates in an infrastructure segment drawing more attention as Southeast Asia adds industrial capacity, denser cities, and new data centers. KJTS and Stonepeak have previously said the joint venture could be capitalized at up to MYR 1.5 billion (USD 372.2 million) through aggregate commitments and debt funding, with more than MYR 2 billion (USD 496.3 million) in annual project opportunities in view.
Lestari said full deployment could cut more than 70,000 tons of carbon dioxide emissions a year while giving building owners a more durable response to rising electricity costs.
Naver D2SF follows on in Soundable Health and Nuvilab as both push into North America
Naver D2SF, the venture capital arm of Naver, has made follow-on investments in Soundable Health and Nuvilab, backing two healthcare startups from its earlier seed portfolio as they expand in North America. Financial terms were not disclosed.
It joined Soundable Health’s pre-Series A round and Nuvilab’s Series A bridge round, signaling continued support as both companies move from technical proof to market expansion.
The two companies are taking different routes into healthcare workflows. Soundable Health uses acoustic analysis and AI to turn ordinary devices into diagnostic tools, including a product that analyzes urine flow sounds to monitor urinary conditions.
Nuvilab, by contrast, uses image-based scanning and multimodal AI to track food intake and nutrition in real time, a system it is now pushing into hospitals and other care settings.
The follow-on investments reflect a broader thesis that clinical and operational data remain fragmented, and that AI tools that can structure that information without adding friction may find a market.
Recent deals completed in China:
- Robot Era, one of China’s leading robotics companies, has closed a RMB 1 billion (USD 144.5 million) round, lifting its valuation to more than RMB 10 billion (USD 1.4 billion). New investors include Gaocheng Capital, Singtel Innov8, Woori Venture Partners, CICC Porsche Fund, China Fortune-Tech Capital, Fenghe Capital, Wuxi Capital, GF Qianhe, Horizon Investment, and a South Korean technology company. Existing backers CDH Venture and Growth Capital and Tsinghua Holding Tiancheng Asset Management also increased their stakes.
- MicroCyto, a biocomputing company, has completed a RMB 300 million (USD 43.4 million) Series A+ round. Investors include Huirong Fund, under Henan Investment Group, and individual investor Tan Ruiqing. It said it will use the capital to expand AI-driven applications, double down on R&D, and accelerate commercialization. —36Kr
- ZhiQing Material, a developer of anion exchange membrane materials for hydrogen and long-duration energy storage, has secured an eight-figure RMB sum in an angel plus round. The round was led by Rongke Energy Storage Group, with follow-on backing from existing investor Roton Capital. It said it will use the proceeds for R&D and engineering. —36Kr
- Yarbo, a smart yard robotics brand, has raised close to RMB 200 million (USD 28.9 million) in a new round. Backers include Green Pine Capital Partners, Wenrun Investment, Ananda, UNT Capital, and Longhua Capital. It said it will use the funds to deepen R&D, accelerate product iteration, and expand global sales channels. —36Kr
- ChangingTek, a maker of robotics systems and components, has completed two Series B extension rounds totaling close to RMB 100 million (USD 14.5 million). The latest tranche was led by Shandong Weida, with participation from Guoxing Investment, Wuhu Science and Technology Innovation Group, and Shanghai Angel Group, among others. It will use the funds for product R&D, data collection, and overseas expansion. —36Kr
- Kunwei, a developer of six-axis force sensors for humanoid robots, has closed a RMB 100 million Series B+ round. Investors include Jingguorui Investment Management, BOC Asset Investment, E-Town Capital, Shenzhen Co-Stone Asset Management, TCL, and existing backer SCGC. It said it will use the capital for capacity expansion, technology development, and global market growth. —36Kr
- OYMotion, a neurotechnology company focused on non-invasive neural signal sensing and analytics, has raised RMB 150 million (USD 21.7 million) in a Series C round led by a fund under CICC Capital, with participation from existing shareholders. It develops products including brain activity sensors, bionic hands, rehabilitation exoskeletons, and dexterous robotic hands, and will use the funding to support its next phase of growth. —36Kr
- Blue Box, a supply chain service provider, has secured close to RMB 10 million (USD 1.4 million) in Series A funding for one of its subsidiary units. It plans to use the proceeds for system development and to strengthen its end-to-end service capabilities, from trend analysis to product delivery. —36Kr
- Rongsu, a metal additive manufacturing company, has raised close to RMB 100 million in a Series A round from Zhongyuan Yuzi Investment Holding Group and Suzhou High-tech Venture Capital Group. It focuses on wire-fed directed energy deposition 3D printing for large industrial components. It said it will use the capital for product optimization, production line construction, and to increase delivery capacity. —36Kr
- Chance Digital Science & Technology, an industrial spatial intelligence company, has completed a Series B round worth an eight-figure RMB sum. The round was jointly backed by Lanpu Capital Management and Enxi Investment. It said it will use the funding to expand globally and continue product iteration tied to industrial world models and spatial intelligence. —36Kr
- AstronStone, a reusable liquid rocket developer, has closed a RMB 200 million pre-Series A+ round. The deal was co-led by GL Ventures and Xingxiang Investment Holding Group, with participation from Mornway Capital and follow-on investments from existing shareholders including Fibonacci VC, Tuofeng Investment, Zhisheng Ruiying, and Yunqi Partners. It said it will use the funds for assembly and testing, production capacity, and team expansion. —36Kr
- Muxi Technology, an AI marketing startup, has raised a seven-figure RMB sum in an angel round led by Guangzhou Leveraged Investment Holdings, with participation from two undisclosed angel investors. It said it will use the funds for product development and market expansion. —36Kr
- Cellgenes, a stem cell drug developer and manufacturer, has raised over RMB 100 million in a pre-Series C round. The round was jointly led by funds managed by China Taiping, a Shenzhen state-backed healthcare fund, and Yuecai Zhongyin Private Equity. Existing shareholder Green Pine Capital Partners also participated. It said it will use the proceeds to advance clinical programs, build its commercialization team, expand market reach, and support preclinical R&D for new pipelines. —36Kr
- Xcanbot, a mobility assistance robot maker, has raised an eight-figure RMB sum in an angel plus round. Investors include Shandong Yarward, YAT Electrical Appliance, and several undisclosed backers. It said it will use the capital for technology R&D, mass production, global expansion, and team growth. —36Kr
Grab, Video Rebirth, Carsome, and others made recent headlines:
- Grab, operator of the Southeast Asian superapp, agreed to acquire Delivery Hero’s Foodpanda delivery business in Taiwan for USD 600 million. The transaction remains subject to regulatory approvals and customary closing conditions and is expected to close in the second half of 2026.
- Video Rebirth, an AI startup, announced the final close of a USD 80 million funding round, including a USD 30 million extension on top of the USD 50 million it raised last November. Investors in the round expansion include AMD Ventures and Hyundai, among other backers.
- Carsome, an Asia-focused car marketplace platform, secured more than USD 30 million from new and existing investors including Hong Kong Investment Corporation, Gobi Partners, and Asia Partners.
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Note: MYR, RMB figures are converted to USD at rates of MYR 4.03 = USD 1 and RMB 6.92 = USD 1 based on estimates as of March 31, 2026, unless otherwise stated. USD conversions are presented for ease of reference and may not fully match prevailing exchange rates.