CrediLinq raises Series A funding to grow global embedded SME finance infrastructure
CrediLinq, a fintech startup based in Singapore, has raised an undisclosed amount in a Series A funding round to expand its embedded finance infrastructure for small and medium enterprises. The round was co-led by OMVC and MS&AD Ventures, with participation from Citi Ventures, 500 Global, 1982 Ventures, Big Sky Capital, the Rustem Family Office, and Epic Angels.
The company’s underwriting engine integrates with procurement, e-commerce, banking, and payments platforms, using real-time transaction data instead of traditional bank statements to assess creditworthiness.
The new capital will support CrediLinq’s expansion into the US, UK, Australia, and Singapore, as well as hiring and product development.
Quantified Energy closes Series A round to scale drone-based solar diagnostics
Quantified Energy, a Singapore-based startup specializing in drone-based solar diagnostics, has closed an undisclosed Series A funding round led by Vertex Ventures Southeast Asia & India. A spinout from the Solar Energy Research Institute of Singapore (SERIS), the company builds drone systems for solar panel inspections.
Its autonomous electroluminescence mapping technology provides fast, non-invasive diagnostics for large-scale photovoltaic installations.
The funds will support deployment of its next-generation drone solution and growth in product development and business operations.
Ringkas lands USD 5.1 million to grow AI-powered mortgage access across Southeast Asia
Ringkas, a mortgage tech startup, has landed USD 5.1 million in a pre-Series A funding round from Flourish Ventures, Kadan Capital, and other investors. Founded in 2022, the company offers artificial intelligence-enabled tools to prequalify borrowers, generate personalized loan recommendations, and connect users with partner banks.
Serving users across 47 cities and working with 29 banks and 150 property projects, Ringkas aims to simplify access to mortgage products in Indonesia, Vietnam, and the Philippines.
The company will use the funds to expand its engineering team and establish an R&D center in Vietnam.
Firsty raises SGD 7.5 million to scale free mobile data service across Asia
Firsty, a Singapore-based startup aiming to offer free mobile data globally, has raised SGD 7.5 million (USD 5.8 million) to expand its global mobile data service in Asia. The round was co-led by Speedinvest and Dutch Founders Fund, with participation from executives at KPN, Uber, Booking.com, and Adyen.
Firsty runs a freemium mobile data network in more than 160 countries. Users can access basic data for free and upgrade to faster speeds for SGD 1 (USD 0.78) per day, without needing a new SIM or paying roaming fees.
The company also announced a partnership with B2B travel tech firm GlobalTix to integrate its service into bookings from over 12,000 resellers.
The funding will support regional growth, product innovation, and integrations with travel and ride-hailing services.
Whale secures over USD 60 million in Series C1 and C2 rounds to expand enterprise AI tools
Whale, a Singapore-based enterprise AI company, has secured more than USD 60 million through Series C1 and C2 funding rounds. Bosch Ventures, MTR Lab, Singtel Innov8, MDI Ventures, and Gentree Fund backed the C2 round, while Temasek and Linear Capital led the earlier C1 round.
Founded in 2017, Whale offers AI products for operations across retail, healthcare, automotive, and food and beverage sectors. Its suite includes video analytics (SpaceSight), voice intelligence (Echo), content management (Harbor), and agentic knowledge tools (Alivia). Whale’s technology is used in over 300,000 stores across 20 countries.
The latest funding will support product development, hiring, and geographic expansion in Southeast Asia, North America, and Europe.
Indonesia’s Remind raises USD 1.3 million to expand e-waste operations
Remind, an e-waste recycling startup in Indonesia, has reportedly raised USD 1.3 million, per Tech in Asia. The round was co-led by Bali Investment Club and Beenext, with Spiral Ventures also participating.
Founded in 2020, the company dismantles end-of-life electronics to recover metals like gold, copper, and silver.
With this capital, Remind plans to open a separation facility and increase annual processing volumes to 6,000 tons by 2025 and over 90,000 tons by 2030. It also intends to build a domestic refining facility using hydrometallurgical and pyrometallurgical methods, positioning itself as a vertically integrated e-waste company in Southeast Asia.
Phase Scientific raises USD 34 million to advance urine-based diagnostics
Phase Scientific, a biotech startup, has raised USD 34 million in Series A funding. The round was led by a private equity fund managed by Value Partners Group, with participation from new and existing investors.
Phase Scientific is developing non-invasive diagnostic tools based on urine samples, including tests for cancers, infections, and women’s health. Its pipeline features a urine-based HPV test with 93% sensitivity in clinical trials.
The capital will accelerate commercialization of its diagnostics technology.
Brik raises nearly USD 10 million to digitize construction material supply chains
Brik, an Indonesian construction tech startup, has reportedly secured close to USD 10 million in Series A funding, according to DailySocial. Jungle Ventures led the round, with participation from Accel India.
Founded in 2022, Brik aggregates building materials and runs a cloud manufacturing model, partnering with local producers to create and distribute products like concrete and construction chemicals.
The company plans to enhance its labor-efficiency technologies and expand beyond Java, Bali, and Lampung.
Citics raises USD 2.1 million to grow digital mortgage platform
Citics, a Vietnamese real estate platform, has reportedly raised USD 2.1 million in fresh funding, according to e27. The investors include TVS, Ai Viet Ventures, Vulpes Ventures, and Vietnam Investments Group.
Launched in 2018, Citics provides AI-powered property valuation tools and a digital mortgage platform. Reportedly integrated with over 32 banks, it supports monthly loan disbursements exceeding VND 1 trillion (USD 38.5 million).
The new funds will be used to enhance products, expand partnerships, and build a platform for trading foreclosed properties.
VFlowTech, Alterno, BrioHR, and more made recent headlines:
- VFlowTech, a Singapore-based energy storage startup, raised USD 20.5 million in a funding round led by Granite Asia. EDBI, MOL Plus, and PSA Ventures participated. Existing investors also took part, including Antares Ventures, Inci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, Seeds Capital, and Entrepreneurs First.
- Alterno, a Vietnam-based climate tech startup, secured an undisclosed amount of funding from UntroD Capital Asia’s second global fund, with participation from ADB Ventures.
- BrioHR, a Singapore-based human resources platform, raised USD 6.5 million in a Series A funding round led by Openspace Ventures, with participation from Taiwania Hive Ventures and other regional investors.
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