Funding Roundups: Hitseries Capital invests in WeSale Vietnam, LiveIn extends pre-Series B, Zypp Electrics gathers USD 15 million, and other developments
In the world of technology and investment, several exciting developments have taken place recently. Here are some of the key highlights:
Real Estate Revolution with WeSale
WeSale, a Vietnamese real estate trading platform, has secured seed funding from Hitseries Capital. The platform aims to revolutionize consultations and real estate transactions by leveraging CRM technology and generative artificial intelligence tools. WeSale connects individuals, organizations, project owners, and developers, making property transactions more efficient and accessible.
Funding Galore for Startups
Zypp Electric's Expansion Plans
Zypp Electric, an Indian logistics company, has raised USD 15 million as part of its Series C funding round. The company plans to expand its services to 15 cities across India and increase its electric scooter fleet from 21,000 to 200,000 vehicles.
Turno's EV Push
Turno, a Bengaluru-based EV distribution and financing company, has secured an extended Series A funding round of USD 6 million. The investment was jointly led by British International Investment (BII) and Quona Capital, with support from Stellaris Venture Partners and B Capital.
iSheji's AI Leap
iSheji, a generative AI company and developer of AI productivity tool AiPPT, has raised an undisclosed sum in a Series B1 funding round. This is the fourth round of financing that iSheji has secured in just four years.
Xiangya Biomedicine's Medtech Advancement
Xiangya Biomedicine, a Huzhou-based medtech company, has secured close to RMB 100 million (USD 13.8 million) in a Series A funding round.
Deep Blue Aerospace's Aerospace Pursuit
Deep Blue Aerospace, a Nantong-headquartered aerospace enterprise specializing in reusable liquid rocket engines, has bagged a nine-figure RMB sum in Series B and Series B1 funding.
Investment in Established Companies
Scale AI's Mega Financing
Scale AI, an artificial intelligence data infrastructure company, raised USD 1 billion in a financing deal, bringing its valuation to USD 13.8 billion.
Histo's Pathology Solutions Boost
Shanghai-registered pathology solutions provider Histo has snagged an eight-figure RMB sum in a Series B+ funding round. The investors include Puhua Capital and Changxing Financial Holdings.
LiveIn's Regional Expansion
LiveIn, a Malaysian prop tech company, has raised USD 2.6 million from Korea Investment Partners in an extended pre-Series B funding round. The company has begun expansion to Vietnam and Thailand and plans to enter the Indonesian market with the new capital. This investment follows LiveIn's USD 8.3 million round completed in December 2023.
Notable Investments in Emerging Tech
Chequer's Security Solutions Funding
Chequer, a developer of cloud-native security solutions, announced the completion of its strategic investment round, securing USD 27.8 million.
Zypp Electric's Funding Led by Eneos
The funding for Zypp Electric was led by Japanese investor Eneos and includes participation from existing investors.
[Updated] Turno has secured USD 6 million in a BII-led funding round, although the company's name was not specified in the provided search results.
WeSale has received undisclosed seed funding from Hitseries Capital. The funds will support product and platform development, as well as market expansion.
These investments reflect the continued interest and growth in various sectors of technology, from real estate to logistics, medtech, aerospace, AI, and security solutions. As these companies grow and expand, they are poised to make significant contributions to their respective industries.
