Dr Clear Aligners secures USD 8 million in Series A funding
Dr Clear Aligners (DCA), a provider of dental clear aligners in the Asia Pacific region, has raised USD 8 million in Series A funding from Insignia Ventures Partners.
Founded in April 2020 by Ryan Teo, Kevin Lim, and Jayden Cheng, DCA operates in seven countries with a network of 1,000 partner clinics and owns 11 licensed dental clinics.
In its statement, DCA said it recently partnered with one of the largest dental clinic chains in Southeast Asia and introduced patented patient treatment monitoring technology.
With the aim of making orthodontic treatment more accessible and convenient, DCA will utilize the investment to expand into new markets, particularly in the MENA region, and enhance R&D in artificial intelligence.
Amity raises USD 60 million in Series C round
Amity Solutions, a Thai AI technology company, has completed a USD 60 million Series C funding round alongside its parent company, Amity Corporation.
Amity Solutions raised USD 41.6 million, led by Insight Capital, with several new and existing investors participating. Amity Corporation raised USD 18.4 million, led by SMDV, with participation from Gobi Partners and other investors. The financing includes debt structured by AlteriQ Global.
This investment will allow Amity Solutions to focus on developing generative AI applications while leveraging the support and resources of its parent company. The funds will be used for R&D and to acquire software-as-a-service companies with high potential for integration.
Klean receives MYR 2 million from Ficus Capital
Klean, a cleantech business owned by Janz Technologies, has received an investment totaling MYR 2 million (USD 428,680) from Ficus Capital.
This investment, made through Ficus’ flagship Ficus SEA Fund, will support Klean’s container recovery initiatives and the expansion of its reverse vending machine (RVM) network as well as regional operations in Malaysia, Indonesia, Singapore, and Fiji.
Dharana Capital acquires shares in Urban Company
Dharana Capital, an India-focused investment firm, has acquired shares worth over INR 4 billion (USD 47.8 million) in Urban Company, a platform for home services, through a secondary transaction. The shares were acquired from employees and other shareholders.
Recent deals completed in China:
- Synyi AI, a smart healthcare solutions provider, has raised an undisclosed amount in a funding round led by Longxiang Group, with participation from Changxing Fund, CCDG, and Beijing New Aerotropolis. The company plans to use the funds to accelerate technological development and expand its market presence. —36Kr
- Yunshi Youke, a Sichuan-based digital marketing firm, has secured an undisclosed sum of investment from iFlytek. —36Kr
- Fanmi Intelligent Technology, a digital technology company, has completed its pre-Series A funding round led by Zhongrui Industrial. The company will use the funds to enhance its data technology capabilities, drive R&D, expand market reach, and build a comprehensive industry ecosystem. —36Kr
Har Har Chicken, Wittaya Aqua, Mon Protocol, and more led yesterday’s headlines:
- Har Har Chicken, a takeaway kiosk operator serving specialty menu items inspired by fermented prawn paste chicken, raised an undisclosed amount of funding in a round led by East Ventures.
- Wittaya Aqua, an aquaculture technology company, secured USD 2.8 million in a seed funding round. The investors include The Yield Lab Asia Pacific, Seeds Capital (Enterprise Singapore), Future Planet Capital, Conservation International Ventures, and SeaAhead Blue Angels.
- Mon Protocol, a publisher of Web3 IP and games, launched a new venture, Mon Ventures, with 500 Global as the lead investor. The fund will invest in gaming and infrastructure-focused blockchain applications that are raising capital at seed and pre-token generation event (TGE) stages.
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