Valtor Solutions raises pre-seed funding to accelerate green construction procurement
Valtor Solutions, a construction sourcing and procurement firm based in the Philippines, has raised USD 700,000 in a pre-seed funding round led by climate tech venture builder Wavemaker Impact.
Valtor aims to help property developers access pre-vetted suppliers and eco-friendly materials, reducing lead times and costs while cutting carbon emissions. Its quotation platform shortens procurement cycles from months to days and tracks carbon savings for each delivery.
The company plans to launch its bill of quantities (BOQ) platform later this year. The new platform will automate quote generation and supplier matching using embedded sustainability data and artificial intelligence.
The funds will support the expansion of the company’s platform, which streamlines sourcing, logistics, and design advisory services for sustainable construction materials across Southeast Asia. Valtor also plans to use the capital to scale its regional presence and strengthen its position as a leading green procurement partner for developers in the region.
Apar invests in Medeon to advance AI-driven enterprise workflow transformation
Apar Technologies, a consulting and technology services firm, has made an undisclosed investment in Medeon, a Singapore-headquartered company specializing in ServiceNow AI consulting and solutions. The investment strengthens Apar’s digital transformation portfolio and supports Medeon’s global expansion.
Medeon helps enterprises optimize and automate workflows through AI-native solutions, covering consulting, implementation, change management, and managed services. Its offerings aim to help clients achieve faster time-to-value and improve operational resilience.
According to Avinash Vastrad, CEO of Medeon, the partnership will extend the firm’s reach and enable clients to realize measurable value from their ServiceNow investments. The collaboration will jointly drive the development of smart workflow solutions for enterprise and government clients worldwide.
Nexl raises USD 23 million in Series B round
Nexl, a growth platform for law firms, has raised USD 23 million in a Series B funding round led by Tidemark Capital, a growth equity firm founded by Dave Yuan. The new capital will accelerate platform development and international expansion.
Nexl integrates relationship intelligence, revenue insights, and market data to help law firms align lawyers, marketing, and business development teams into a unified growth engine. The platform supports data-driven decision-making, collaboration, and profitability improvement.
Qapita raises USD 26.5 million in Series B round
Qapita, a Singapore-based equity management firm, has raised USD 26.5 million in a Series B round led by Charles Schwab, with participation from Citi and MassMutual Ventures.
Founded in 2019, Qapita provides digital solutions for equity and ownership management across Southeast Asia, India, and the US. The company serves over 2,700 firms and considers itself a key player in the region’s private equity management ecosystem.
The funding will support Qapita’s expansion in the US through the launch of a new Schwab platform built on its technology, enabling private firms to manage cap tables, stock plans, and pre-IPO processes. The capital will also fund the rollout of Qapita’s fund administration product and the continued development of its integrated equity management platform.
Accel and Peak XV co-lead Supabase’s Series E round
Supabase, an open-source backend-as-a-service provider, has raised USD 120 million in a Series E round co-led by Accel and Peak XV. The round also saw participation from Figma and existing investors Y Combinator, Coatue, Felicis, Craft, and Square Peg, valuing the company at USD 5 billion pre-money.
A portion of the proceeds will go toward employee secondaries, maintaining Supabase’s tradition of allowing team members to sell up to 25% of vested shares in each round. The company also plans to expand its engineering team and accelerate R&D for its open-source database projects, including Multigres and OrioleDB.
Yup raises USD 32 million to expand in Southeast Asia
Yup, a digital bank based in Southeast Asia, has secured USD 32 million in its Series C1 equity round from US-based investors including Moore Strategic Ventures, Spice Expeditions, and Platanus, alongside existing shareholders.
The funding will help Yup expand its customer base and move toward profitability by the end of 2025. Founded in 2021, the company provides credit and digital banking services to working- and middle-class consumers across the region, promoting financial inclusion and access to affordable products.
Co-founder and CEO Donny Zhang said the company’s revenue has nearly doubled each year for the past three years, adding that the new capital will enable Yup to deepen user engagement and accelerate regional scaling.
Neptune Robotics, Nextbillion.ai, SingAuto, and more made recent headlines:
- Neptune Robotics, a Hong Kong–based company, raised USD 52 million in a Series B funding round led by Granite Asia, with strategic backing from NYK Line.
- Velocitor Solutions has acquired Nextbillion.ai, a Singapore-based provider of AI-powered mapping and geospatial solutions.
- SingAuto, a Singapore-headquartered technology company focused on cold chain logistics, raised more than USD 50 million in a round backed by GSR Vision Capital, Delu Capital, Bank of China Asset Management (Singapore), and BBG Global, with participation from MVGX Tech and Startech Global Ventures.
If there are any news or updates you’d like us to feature, get in touch with us at: hello@kr-asia.com.