TLDR:
- Xefco secures AUD 10.5 million in extended seed round
- Thrixen raises USD 7 million from new investors
Bringing you the latest updates on funding deals and activities in the Asia Pacific, Xefco, an Australian sustainable manufacturing company, raised AUD 10.5 million in an extension to its seed funding round. Thrixen, a Singapore-based medtech startup, raised USD 7 million from new investors, while Salmon, a Manila-based financial services company, secured USD 25 million in a Series A1 funding round. Singapore state-owned investor Temasek also invested in US-based artificial intelligence company, Blaize, as part of Blaize’s latest USD 106 million funding round. Additionally, several companies in China and India completed funding rounds to support technology advancement, product development, and market expansion.
