TLDR:
Key Points:
- Arches raises USD 3 million to democratize expertise in Asia’s markets
- Square Peg leads investment in Paper.id
Arches, a knowledge-sharing platform focused on the Asia Pacific region, has secured USD 3 million in funding to bridge the gap between global decision-makers and expertise needed in Asia’s markets. The company plans to develop an “expert knowledge bank” and expand its expert network to include Europe and the US. Paper.id, an Indonesian B2B fintech company, has raised Series B funding led by Square Peg Capital to expand its solutions for business owners. Asuene, a climate tech startup in Japan, has raised USD 26.7 million in Series C funding to fuel recruitment, sales and marketing expansion, investment in AI, pursue M&A opportunities, and strengthen global expansion in Asia and the US. Battery Smart, a battery swapping company in India, raised USD 65 million in a Series B round led by LeapFrog Investments to accelerate its expansion and enhance technology.
