TLDR:
- Earth Venture Capital invests in Aalo Atomics’ USD 27 million Series A round
- Sarana AI secures pre-seed funding
In the latest funding deals and activities in the Asia Pacific region, Earth Venture Capital (Earth VC) has invested in the USD 27 million Series A round of Aalo Atomics. The round was co-led by 50Y and Valor Equity Partners, with Earth VC participating alongside other venture capital firms. Aalo Atomics is focused on developing small nuclear reactors to provide clean energy. Sarana AI, a human resource tech startup based in Indonesia, has secured pre-seed funding to further develop its AI-driven platform for advanced workforce development.
In other news, Shift, an Australian provider of credit and payment solutions, closed a AUD 35 million Series D round led by Peak XV Partners. Farquhar VC has invested in South Korean edtech startup Catius, and there have been several recent deals completed in China in various industries.