Airwallex raises USD 330 million at USD 8 billion valuation, acquires Indonesian payments firm to expand local coverage
Airwallex, a global fintech company specializing in cross-border payments, has raised USD 330 million in a Series G funding round at a valuation of USD 8 billion.
The financing strengthens its balance sheet and supports global expansion, including new investments in artificial intelligence infrastructure and its US operations, following the establishment of a dual headquarters in San Francisco.
As part of its regional growth strategy, Airwallex has also acquired a majority stake in Skye Sab Indonesia, a licensed payments company. The acquisition enhances Airwallex’s local payment capabilities and regulatory coverage in Southeast Asia, helping Indonesian small and medium enterprises connect to its cross-border financial network.
Airwallex reported surpassing USD 1 billion in annualized revenue and USD 235 billion in transaction volume in 2025.
Granite Asia completes first close for Libra Hybrid private credit fund
Granite Asia, a multi-asset investment firm focused on the Asia Pacific region, has completed a USD 350 million first close for its Libra Hybrid Fund, which targets USD 500 million in total commitments. The fund is anchored by Temasek’s Aranda Principal Strategies, Khazanah Nasional, and the Indonesia Investment Authority.
The vehicle focuses on performing credit across Asia, providing structured, non-dilutive capital to profitable enterprises undergoing transformation. About 30% of available capital has already been deployed or committed across six transactions.
Granite Asia said the fund combines credit investing with its technology and operating expertise to deliver stable yields and structured upside through mechanisms such as revenue sharing.
ChemLex closes USD 45 million round, establishes global base and self-driving lab in Singapore
ChemLex, a company applying AI to accelerate chemical discovery, has raised USD 45 million in a round led by Granite Asia. The company will establish its global headquarters and autonomous chemistry laboratory in Singapore.
Founded in 2022, ChemLex builds AI-powered synthesis systems that automate experiments, capture data in real time, and shorten the design-to-compound cycle for pharmaceutical and materials science partners. The funds will support expansion across engineering, chemistry, and R&D.
ChemLex has also signed a memorandum of understanding with Singapore’s Experimental Drug Development Centre to co-develop automation-driven workflows for small molecule discovery, aligning with national efforts to strengthen the city-state’s biomedical and deep tech sectors.
Ant Group leads Singapore-based RockFlow’s latest round
RockFlow, a Singapore-based fintech company, has raised an eight-figure USD sum in a new funding round led by Ant Group, with participation from Monolith Management and existing investors Lanchi Ventures, Forwest Capital, and Evergreen.
The capital will fuel RockFlow’s global expansion and accelerate development of its proprietary AI agent, Bobby, described as the world’s first AI-native investment companion. Integrated into the RockFlow app, Bobby assists with the full investment lifecycle—from research and analysis to strategy design and order execution.
The company also plans to expand into brokerage, trusts, stablecoins, and digital banking, aiming to create an all-in-one platform that integrates traditional and digital assets, including cryptocurrencies, real-world assets, and private equity.
Vizzio to open Hong Kong base after investment from HKSTP
Vizzio Technologies, a Singapore-based 3D mapping and modeling company, has received an undisclosed investment from the Hong Kong Science & Technology Parks Corporation (HKSTP). As part of the deal, Vizzio will establish a new office at Hong Kong Science Park focused on R&D and AI development.
The move is part of Vizzio’s global expansion, which includes deployments across Asia and the Middle East. The company recently partnered with Saudi Telecom’s internet-of-things division to support infrastructure and safety projects. Vizzio’s AI-driven 3D modeling solution is positioned as a cost-effective and precise alternative to drone-based mapping.
Validus raises USD 30 million from Khazanah to expand in Indonesia and Thailand
Validus, a Singapore-based digital lender serving small and medium enterprises, has raised USD 30 million in Series D funding from Khazanah Nasional, Malaysia’s sovereign wealth fund, to accelerate growth in its key markets.
The round follows the sale of Validus’ Singapore operations to Grab’s GXS Bank in April and could be upsized by another USD 10–15 million from follow-on investors in the coming months. Proceeds will be used to scale operations and double the loan book across Indonesia and Thailand over the next three years.
Tonik raises pre-Series C funding to double down on platform development
Tonik Financial, the parent company of Tonik Digital Bank in the Philippines, has raised USD 12 million in a pre-Series C round led by Diligent Capital Partners, with participation from Plio Limited, Altara Capital, and Tonik’s management team.
The proceeds will reinforce Tonik Digital Bank’s regulatory capital base and fund continued investment in technology, automation, and customer acquisition.
MetaComp snags funding to scale stablecoin-based network for cross-border payments
MetaComp, a Singapore-licensed payments and treasury solutions provider, has raised USD 22 million in pre-Series A funding from Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital. 100Summit Partners acted as financial advisor.
The funds will support the expansion of StableX, MetaComp’s hybrid “Web 2.5” network that combines fiat rails with stablecoin settlement layers. Its VisionX compliance engine provides real-time transaction monitoring and risk scoring. The company also plans to expand coverage across Southeast Asia, South Asia, and the Middle East.
RealVantage completes oversubscribed Series A round
RealVantage, a Singapore-based real estate investment platform, has raised USD 10 million in an oversubscribed Series A round at a USD 70 million valuation.
The proceeds will be used to launch new thematic funds, enhance its AI-driven investment platform, and expand regionally, beginning with Hong Kong.
Oversubscription from three family offices, including SoilBuild, was partly accommodated through secondary sales to provide employee liquidity.
Ascentium acquires Marbury to deepen fund administration across APAC
Ascentium, a Singapore-based business services platform, has acquired Marbury, a corporate advisory and fund administration firm operating across Hong Kong, the British Virgin Islands, the Cayman Islands, Bermuda, and Singapore.
The acquisition expands Ascentium’s regional footprint and enhances its capabilities in fund administration, fiduciary, and corporate services.
PulseTech raises USD 3 million to combat counterfeit medicines in Bangladesh
PulseTech, a Bangladesh-based health tech company, has raised USD 3 million in a pre-Series A round co-led by Iterative and Ascend Vietnam Ventures (AVV), marking AVV’s first investment in Bangladesh.
PulseTech’s Medbox platform connects pharmacies with verified manufacturers and streamlines procurement and inventory management to curb counterfeit medicines. The company currently serves over 12,000 pharmacies and 3.5 million people in Dhaka. It plans to scale its franchise model, expand regionally, and introduce inventory-based credit for small retailers.
Recent deals completed in China:
- Deep Intelligent Pharma (DIP), a drug discovery company, has raised nearly USD 50 million in a Series D round led by CDH Investments, with continued backing from Xin Ding Capital and HongShan. Index Capital served as the financial advisor. The funds will support DIP’s R&D on its “multi-agent collaboration network” and the expansion of its global delivery infrastructure. —36Kr
- ZS Robotics, a warehouse automation company, has raised an eight-figure RMB sum in a Series A+ round from Yinfeng Capital. Established in 2019, the company develops four-way shuttle robots for dense warehouse storage, enabling efficient pallet handling and retrieval in vertical logistics environments. —36Kr
- Snapmaker, a 3D printing firm, has raised a nine-figure RMB sum in a round co-led by GL Ventures and Meituan, with participation from Shunwei Capital, DragonBall Capital, and Nanshan SEI Investment. Existing investors Cowin Capital and Orient Securities also joined. The proceeds will go toward R&D, hiring, and ecosystem building. —36Kr
- D3 Bio, a biotech company focused on oncology therapeutics, has raised USD 108 million in a Series B round jointly led by IDG Capital and SongQing Capital, alongside existing investors WuXi AppTec (via its corporate venture fund), Temasek, and Medicxi.
- Convergen, a biotech startup developing targeted protein degradation therapies, has secured USD 10 million in seed funding from Qiming Venture Partners. The investment will advance its proprietary TrimTAC platform and early-stage pipeline for neurodegenerative and protein aggregation diseases.
- CasiaHand Robotics, a developer of dexterous robotic hands, has completed a funding round led by Tsinghua Holdings Capital, with participation from Nanjing Venture Capital, Taiya Capital, and the Beijing Future Science City Fund. The proceeds will support the company in product scaling, model iteration, and expansion into new applications. —36Kr
- GigaAI, a physical intelligence company, has raised RMB 200 million (USD 28 million) in a Series A2 round co-led by Fortune Capital and Tsinghua Holdings Capital, with participation from multiple investors. The company has now completed four consecutive funding rounds within three months, totaling RMB 500 million (USD 70 million), to advance its embodied AI ecosystem, including its GigaWorld simulation platform and GigaBrain model. —36Kr
- LivSyn, a humanoid robotics startup, has secured over RMB 100 million (USD 14 million) across its pre-Series A and pre-Series A+ rounds. The rounds were led by an undisclosed listed company and supported by a slate of industrial and financial investors. The funds will go toward mass production of its L-series humanoid robots and continued development of its world model and data governance platform. —36Kr
- BICV Technology, a smart vehicle solutions provider, has raised a nine-figure RMB sum in a Series B round co-led by GAC Capital and Yufu Holding, with participation from CD Capital, Shang Qi Capital, and FAW Innovation Industry Fund. The proceeds will fund its R&D in BeiDou navigation, AI-powered mobility, and embodied intelligence, as well as overseas expansion. —36Kr
- Lumos Robotics, a humanoid robotics company, has completed pre-Series A1 and pre-Series A2 rounds, raising an amount totaling a nine-figure RMB sum. The pre-Series A1 round was led by CDH Investments, with follow-on participation from Nanjing Innovation Capital Group and Golden Vision Capital, while the pre-Series A2 round was backed by Shenergy ICY Capital. The funding will support Lumos in embodied intelligence data and hardware development. —36Kr
- Quadriga, a thermal management technology firm, has raised an eight-figure RMB sum of angel funding from Casstar. The proceeds will go toward product refinement and R&D. Founded in 2024, the company develops phase-change liquid cooling systems for data centers and power grids. —36Kr
- EasySynser, an electrochemical synthesis company, has completed two angel rounds of financing, raising an eight-figure RMB sum from K2VC and Fei Gesheng. The proceeds will fund its team expansion, process optimization, and pilot production. —36Kr
- Gamercury AI, a game development studio integrating AI into 3D game design, has closed two undisclosed funding rounds, with the second led by LinkSure. Its upcoming title, Detective Sherlock: Shadow Stalker, is scheduled for cross-platform release in 2026 and has drawn attention for its AI-driven gameplay systems. —36Kr
SynaXG, Anywit, Beanstar, and more made recent headlines:
- SynaXG Technologies, a deep tech company building wireless infrastructure for the artificial intelligence era, raised over USD 20 million in its inaugural funding round. The round was jointly led by January Capital, Vertex Ventures, and Qualgro.
- Anywit Robotics, a maker of head-and-face robot components, raised an eight-figure RMB sum in a pre-Series A round from several industry investors, including Didi’s corporate venture capital arm.
- Beanstar Coffee, a chain coffee franchise brand, secured an eight-figure RMB sum in a Series B round led by a Suzhou municipal government-managed fund.
If there are any news or updates you’d like us to feature, get in touch with us at: [email protected].