TLDR:
Key Points:
- Matsuri Technologies secures JPY 1.34 billion Series D funding
- BayaniPay bolsters Series A round with additional USD 3 million
In the latest funding updates in the Asia Pacific region, Matsuri Technologies, a Tokyo-based provider of StayX, has completed its Series D funding round, raising JPY 1.34 billion. The round saw participation from new investors, including Vertex Ventures Southeast Asia and India (VVSEAI), along with existing investors. Matsuri plans to deploy the capital towards enhancing its software offerings, increasing facilities, investing in talent, and supporting overseas expansion.
BayaniPay, a payments automation company based in Los Angeles and the Philippines, received an additional USD 3 million in funding, bringing its Series A total to USD 9.6 million. Lead investors Wavemaker Partners, PTGB, and Talino Venture Studios provided the new capital to enhance BayaniPay’s global payments capability and drive growth. The funds will be used to expand bill payment services globally and launch Bayani GlobalPay, to help businesses reach global customers efficiently.
Additionally, there were six recent deals in China focusing on various industries including new energy materials, biopharmaceuticals, digital marketing, marine electrification systems, electronic circuits, and printed circuit board design software. These deals involved significant funding rounds to support R&D, production, growth initiatives, and market promotion in their respective sectors.
