See-Mode Technologies acquired by Nasdaq-listed RadNet
See-Mode Technologies, a deep tech startup headquartered in Singapore, has been acquired by RadNet, a major operator of diagnostic imaging centers in the US.
The deal marks a notable exit for early investor Cocoon Capital, which backed See-Mode at the pre-seed stage in 2018.
Co-founded by Sadaf Monajemi and Milad Mohammadzadeh, See-Mode began with the aim of preventing strokes through artificial intelligence-powered medical imaging. It has since expanded into broader radiology applications, integrating its software into clinical workflows to improve diagnostic accuracy and efficiency. Its tools are reportedly in use across radiology groups in Australia, Canada, and the US.
Syfe raises additional Series C funding to serve APAC’s “mass affluent”
Syfe, a leading digital wealth platform, has closed its Series C round at USD 80 million, including a USD 53 million Series C2 tranche. The new investment was co-led by two UK family offices, alongside returning backers Unbound and Valar Ventures.
Headquartered in Singapore, Syfe says it manages over USD 10 billion in assets across Singapore, Hong Kong, and Australia. Its recent acquisition of Selfwealth, a major Australian trading platform, has further extended its regional presence.
The funds will support expansion across the Asia Pacific, continued development of AI-driven investment tools, and product offerings targeted at the “mass affluent” segment.
Bolttech closes Series C round at USD 147 million
Bolttech, an insurtech platform, has completed a USD 147 million Series C funding round, bringing its valuation to USD 2.1 billion. New investors include Japan’s Sumitomo Corporation and Portugal’s Iberis Capital, joining existing backers such as Dragon Fund, Baillie Gifford, and Generali’s Lion River.
As part of the deal, Sumitomo has entered a joint venture with Bolttech to co-develop embedded insurance offerings in Asia. Operating in 37 markets, Bolttech offers a platform that connects insurers, distributors, and customers to streamline insurance transactions.
The new capital will support platform enhancements and expansion in Asia, Europe, and North America.
Amber Electric raises USD 45 million to scale smart battery tech
Amber Electric, an Australian startup specializing in smart battery and electric vehicle automation, has raised USD 45 million in a round led by ETF Partners, with participation from Square Peg, Gentrack, Rubio Impact Ventures, and Breakthrough Victoria.
Amber provides residential battery automation that lets households optimize energy use based on real-time pricing and renewable energy availability. It claims integration with over 40% of newly automated home batteries in Australia and is now expanding globally through energy provider partnerships.
The funding will support its international rollout, further development of vehicle-to-grid (V2G) features, and enhancement of its technology platform.
Neuralink secures USD 650 million in Series E funding
Neuralink, the brain-computer interface company founded by Elon Musk, has raised USD 650 million in a Series E funding round. Investors include Ark Invest, DFJ Growth, Founders Fund, G42, Human Capital, Lightspeed, QIA, Sequoia Capital, Thrive Capital, Valor Equity Partners, and Vy Capital.
The capital will be used to expand clinical trials, which are reportedly underway in the US, Canada, and UAE. Neuralink has reportedly begun testing its brain implants with five individuals living with paralysis, enabling them to control devices using thought alone.
Ziniosa raises funding from Inflection Point Ventures
Ziniosa, a secondhand luxury fashion platform, has raised an undisclosed amount from Inflection Point Ventures. The Bengaluru-based company will use the funds to grow its team, invest in branding and technology, and open its first physical store.
Founded in 2020, Ziniosa runs a zero-inventory model, sourcing high-end fashion items without upfront cost. Its online catalog is said to include over 30,000 pieces from brands like Chanel, Gucci, and Louis Vuitton.
Recent deals completed in China:
- Botree Recycling Technologies, a company specializing in battery materials recycling, has secured an eight-figure RMB sum in additional Series B funding. The new investment came from the Taiping Science and Technology Innovation Fund and follows an earlier commitment of nearly RMB 100 million (USD 14 million) from the round’s lead investor. The capital will support product R&D and international project development. —36Kr
- Aixam, a medical robotics company, has raised an eight-figure RMB sum in a pre-Series A funding round. The round was led by Luzhou Shuanggang Industrial Investment Development. Founded in 2022, Aixam is developing phlebotomy robots and integrated blood diagnostics systems. The funds will support product certification and ongoing R&D. —36Kr
- JingLianWen Technology, an AI data services provider, has secured an eight-figure RMB sum in pre-Series A funding from a fund under Hangzhou Financial Investment Group. Founded in 2012, the company has evolved from developing biometric algorithms to offering full-cycle AI data production. It now focuses on public data operations, smart corpus engineering, and annotation infrastructure. The funding will support the buildout of a closed-loop data ecosystem spanning platforms, labeling bases, and industry-specific applications. —36Kr
- Glory Carbon, a manufacturer of advanced materials, has raised a nine-figure RMB sum in a Series B funding round co-led by SCGC and Meridian Capital. Other investors include Guotai Junan Innovation Investment, MultiGo Capital, Zhongtian Liaochuang, Dehong Capital, Shenzhen Smart City Capital, and Phoenix Tree Capital Group. The company produces isostatic and nuclear-grade graphite used in photovoltaics, semiconductors, and high-temperature gas-cooled reactors. The capital will go toward scaling production and enhancing R&D. —36Kr
GridCare, Airwallex, Every Half, and more made recent headlines:
- GridCare, a Singapore-based startup optimizing energy access for data centers, raised USD 13.5 million in an oversubscribed seed funding round led by Xora, a deep tech fund backed by Temasek. Other backers include Aina Climate AI Ventures, Sherpalo Ventures, Breakthrough Energy Discovery, and several unnamed investors.
- Airwallex, a global business financial platform, secured USD 300 million in a Series F funding round, including USD 150 million in secondary share sales. Among the participants were Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, Visa Ventures, and multiple Australian pension funds.
- Every Half Coffee Roasters, a Vietnamese specialty coffee chain, reportedly raised USD 3 million in a pre-Series A funding round co-led by Openspace Ventures and DSG Consumer Partners.
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