FB Pixel no scriptDeals in brief: Clime Capital backs Philippine EV startup Mober, iPiD secures USD 5.3 million, Capital 2B and Betatron co-lead Series A investment in Botsync, and more | KrASIA

Deals in brief: Clime Capital backs Philippine EV startup Mober, iPiD secures USD 5.3 million, Capital 2B and Betatron co-lead Series A investment in Botsync, and more

Written by KrASIA Writers Published on   3 mins read

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Clime Capital backs Philippine EV startup Mober to drive green logistics transition

Mober, a green logistics startup operating in the Philippines, has secured PHP 350 million (USD 6 million) from Clime Capital’s South East Asia Clean Energy Facility II (SEACEF II) fund.

This funding, through equity and convertible notes, will expand Mober’s electric vehicle fleet to 238 units and establish a new charging facility by early 2025.

Mober serves top-tier clients like Ikea and Maersk and is developing a battery management system to enhance EV efficiency. It is also placing charging points strategically across Luzon to support its long-haul operations.

“Mober’s ambition to provide fully electric B2B delivery services is a compelling example of a first-mover business that can accelerate the low carbon transition through our strategic investment,” said Mason Wallick, COO at Clime Capital.

iPiD secures USD 5.3 million to expand global payments security solutions

International Payment Identity (iPiD), a Singapore-based fintech company specializing in global payments infrastructure and payee verification, has raised USD 5.3 million in an oversubscribed pre-Series A funding round.

Led by Monk’s Hill Ventures, alongside QED Investors and Quona Capital, the funds will accelerate the rollout of payee verification solutions in Europe and enhance its API validation product globally to prevent payment fraud.

iPiD will also intensify its focus on Southeast Asia, a key remittance-receiving region.

Capital 2B and Betatron co-lead USD 5.2 million investment in Botsync

Botsync, a Singapore-based developer of integrated automation solutions, has completed a USD 5.2 million Series A funding round co-led by Capital 2B and Betatron Venture Group. Additional investors include IvyCap Ventures, AppWorks, and Iterative, among others.

The funds will be utilized to expand automation integrations on Botsync’s platform, enhance product development, and simplify the automation onboarding process.

Botsync will also invest in service and support teams to improve customer service and provide technical support round the clock, focusing on markets in Southeast Asia, India, Australia, and the Middle East.

McEasy raises Series A+ funding to advance IoT and AI solutions

McEasy, an Indonesian logistics solutions provider, has raised Series A+ funding in a round led by Granite Asia, with East Ventures participating.

This latest investment brings McEasy’s total Series A financing to USD 11 million.

Vigo Retail reportedly raises funds to boost B2B e-commerce in Vietnam

Vigo Retail, a Vietnamese B2B e-commerce platform, has reportedly secured funding from Argor Capital Management, Wavemaker Partners, and Patamar Capital, according to regulatory filings accessed by DealStreetAsia.

Recent deals completed in China:

  • Emfuture Technology, a Chengdu-based industrial control systems developer, has secured an undisclosed amount of Series B funding from Loongson Technology. The funds will be used to enhance product development, manufacturing, and market expansion. 36Kr
  • Skysys, a commercial drone supplier, has raised over RMB 100 million in a Series B funding round from various investors. 36Kr
  • 365LawHelp, a tech-enabled platform for legal services, has raised tens of millions of RMB in a Series A+ funding round. The funds will be used to advance artificial intelligence research and develop enterprise-level legal agent products. 36Kr
  • Huarui Expon Technologies (ExponTech), a Shenzhen-based data infrastructure solutions provider, has bagged nearly RMB 100 million in a Series A funding round. The investors include Ameba Capital, Z&Y Capital, and Future Capital. 36Kr
  • Nainai Wange, an instant foie gras brand, secured nearly RMB 1 million in seed funding from Lu’an Longxiang and individual investors. The funds will be used for R&D and supply chain development. 36Kr
  • Deep Principle, an AI-driven chemical research company, has raised close to USD 10 million in a seed funding round led by Linear Capital, with participation from Verity Ventures and Taihill Venture. Industry partners XtalPi and DP Technology also joined the round. 36Kr

Better HR, Mezzofy, the Mantle EcoFund, and more led yesterday’s headlines:

  • Better HR, a Myanmar-based startup that helps small and medium enterprises streamline human resource processes through automation and cloud-based services, raised an undisclosed amount of bridge funding from Satori Giants and Blibros AB.
  • Mezzofy, a digital coupon platform headquartered in Hong Kong, completed a USD 2 million pre-Series A funding round led by Isola Capital’s IPVF VII, with participation from Ooosh Tech Lab and the Hong Kong government-backed Innovation and Technology Venture Fund (ITVF).
  • Mantle EcoFund, a USD 200 million Web3 fund operated by Mirana Ventures, provided USD 5 million in fresh funding to seven SocialFi and gaming projects as part of its second capital call. The projects include MetaCene, Blade Games, Co-Museum, Fingerlabs, L3E7, and DreamOS.

If there are any news or updates you’d like us to feature, get in touch with us at: [email protected].


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