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Today: October 3, 2024
May 10, 2024
1 min read

Exciting Funding News: Gapai, Elevarm, Rize Secure Major Investments


TLDR:

  • Gapai secures USD 1 million from Wavemaker Partners and Antler in seed funding round for global career empowerment
  • Elevarm raises USD 2.6 million in seed funding to support production capacity and R&D in agritech

Gapai, an Indonesia-based startup focused on empowering workers to pursue global careers, has secured USD 1 million in a seed funding round led by Wavemaker Partners and returning investor Antler. The funds will be utilized to strengthen overseas placements for Indonesian workers. Elevarm, another Indonesia-based agritech startup, has raised USD 2.6 million in seed funding led by Insignia Ventures Partners to scale production capacity and advance research and development efforts. In China, various companies have secured funding rounds to enhance their technologies and expand their businesses. Deals include Carmery New Materials securing RMB 100 million in angel funding, Lichoin Tech completing a pre-Series A round, and JHM Biopharma raising RMB 100 million in a Series B round.


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