Header photo source: Nvsion.
Cambrian’s first investment is in Penang’s Nvsion
Nvsion, a Penang-based startup specializing in industrial artificial intelligence, has raised a seven-figure MYR sum in funding from Cambrian Fund. This marks Cambrian’s first investment since its launch.
Founded in 2024, Nvsion develops automated optical inspection systems for semiconductor and electronics manufacturing. Its proprietary platform, Synthia, combines AI with rule-based algorithms to deliver high-precision and high-throughput inspection.
The company will use the funding for product development, hiring, and expanding its customer base, with potential applications in automotive, electronics, and medical devices.
GravityLabs receives investment from Naver D2SF
GravityLabs, a South Korea-based health tech startup, has secured an investment from Naver’s D2 Startup Factory (D2SF), the venture arm of the internet conglomerate. The amount was not disclosed.
The company operates MoneyWalk, a reward-based platform that incentivizes users to log daily health activities, aiming to build long-term engagement and generate biometric data.
The platform, which reportedly has more than 1.3 million monthly active users, has expanded from a “walk-to-earn” model to a broader “health-to-earn” ecosystem. Its camera feature uses AI to measure blood pressure, heart rate, and variability via smartphone, while integration with South Korea’s National Health Insurance Service database improves record management.
Yang Sang-hwan, lead of Naver D2SF, said GravityLabs shows opportunities for collaboration with Naver’s healthcare services.
iSense Global secures investment from Dnake
iSense Global, a Singapore-based smart city solutions provider, has secured an undisclosed investment from Shenzhen-listed automation firm Dnake. The partnership supports iSense’s Southeast Asia expansion and its plan for a Nasdaq listing within five years.
iSense will transition manufacturing to Dnake’s facilities and co-develop internet-of-things solutions in healthcare, access control, and city-scale monitoring. The company already supplies more than 80% of the smart lighting network for Singapore’s Housing Development Board and has delivered projects in Thailand, Japan, and Malaysia. It is now planning expansion into the Philippines, Vietnam, and Indonesia.
CEO Christopher Lee described the partnership as “a game changer” for scaling the business globally.
Zen Intelligence secures funding from Z Venture Capital
Zen Intelligence, a Japan-based startup applying AI to construction management, has raised an undisclosed investment from Z Venture Capital.
The company is developing Zenshot, an AI-powered platform based on proprietary 3D vision technology and a construction-focused foundation model. The tool reportedly enables remote monitoring and reduces site visits, increasing productivity and efficiency.
The funds will be used to expand operations and advance product development.
IDRX raises USD 300,000 in pre-seed funding
IDRX, an Indonesia-based crypto startup, has raised USD 300,000 in a pre-seed round, according to Kontan. The round was led by eMerge by MDI Ventures, with participation from Indodax, Lisk, and Camp Investment Technologies.
Founded in early 2024, IDRX is developing an IDR-backed stablecoin to support efficient and transparent cross-border transactions. The funding will be directed toward regulatory compliance and security enhancements.
ATEC raises USD 15.5 million to scale cooking technology
ATEC, a clean cooking technology provider, has raised USD 15.5 million in a round co-led by Lightrock and Trirec, with participation from the Schneider Electric Energy Access Asia Fund.
The company plans to roll out up to 200,000 IoT-enabled electric cookstoves over the next three years in Bangladesh, Cambodia, Malawi, and Nepal.
Funds will also be used to expand manufacturing capacity, strengthen its carbon data infrastructure, and build its partner network. Unlike traditional carbon projects that rely on estimates, ATEC’s system provides real-time data on energy use and emissions avoidance, enabling the generation of auditable carbon credits.
Recent deals completed in China:
- ZeroG Aircraft Industry, an electric aircraft manufacturer, has secured nearly RMB 100 million (USD 14 million) in a Series A++ round. The round was led by Seas Capital and a fund co-managed by Sunriver. The company will use the funding to advance airworthiness certification, accelerate R&D, and scale production of its three flagship models: the RX1E-A, ZG-ONE, and ZG-T6. Founded in 2021, ZeroG is reportedly the first Chinese firm developing three electric aircraft configurations simultaneously. —36Kr
- Yoousi, an animation technology company, has raised an eight-figure RMB sum of angel funding. Yunqi Partners and BAce Capital co-invested, with Leap Capital serving as the financial advisor. The proceeds will go toward team building, technology upgrades, and overseas expansion. The company is also preparing a follow-on round to support its global growth plans. —36Kr
- Beatbot, a consumer robotics developer, has raised around RMB 1 billion (USD 140 million) in a new round led by DragonBall Capital, the investment arm of Meituan. Existing investors Hillhouse Capital, Shunwei Capital, Cathay Capital, Source Code Capital, Anker Innovations, Monolith, and Yunmu Capital also participated. Yunmu continues as the long-term financial advisor. The funds will support R&D, product iteration, international expansion, and talent recruitment. —36Kr
- Cyanine Tech, a robotics firm, has secured nearly RMB 10 million (USD 1.4 million) in a round led by Sanhe Capital. The financing will be directed toward supply chain optimization, product upgrades, and channel development. Cyanine Tech develops flexible transport robots and dispatch systems for unstructured industrial settings. In 2022, it secured angel funding from Toppan, the Japan-based printing giant. —36Kr
- Mova, a power tool developer, has raised an eight-figure RMB sum in an angel round of financing. Investor details were not disclosed. The company plans to use the capital to strengthen R&D, expand its innovation pipeline, and accelerate development across its industrial ecosystem. —36Kr
Carro, Dat Bike, Atomionics, and more made recent headlines:
- Carro, an online automotive marketplace in the Asia Pacific, raised USD 60 million in a round led by Cool Japan Fund, Japan’s sovereign wealth fund, with participation from new investors.
- Dat Bike, a Vietnamese electric motorbike manufacturer, raised USD 22 million in a Series B round led by Japan-listed clutch manufacturer FCC and venture firm Rebright Partners, with participation from Jungle Ventures, Cathay Venture, and AiViet Venture.
- Atomionics, a Singapore-based startup developing quantum sensors for subsurface exploration and navigation, raised USD 12.7 million in a pre-Series A round led by Paspalis, with participation from BHP Ventures, IQT, Wavemaker Partners, VU Venture Partners, SG Growth Capital, and others.
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