Handshake Finance raises pre-seed funding
Handshake Finance, a Singapore-based fintech startup, has raised SGD 500,000 (USD 388,078.2) in pre-seed funding. Investor details were not disclosed.
The company is building escrow-as-a-service infrastructure for service industries where trust is central, starting with Singapore’s renovation and interior design market. Its platform holds customer funds in escrow and releases payments to service providers against agreed milestones, aiming to reduce prepayment risk for homeowners while improving payment certainty for contractors.
The funds will support Handshake’s expansion in its initial market, where it said it has onboarded more than 40 interior design companies and signed partnerships.
Clear Robotics raises USD 1.75 million
Clear Robotics, a Singapore-headquartered maritime technology company, has raised USD 1.75 million in a pre-Series A funding round led by Shipsfocus Ventures.
Katapult Ocean, SGInnovate, M7 Holdings, MGS Ventures, and other investors also participated. Clear Robotics operates a fleet of electric unmanned surface vessels used for maritime infrastructure tasks, including autonomous surveying and data collection.
The company will use the funds to expand its presence in Southeast Asia, India, and the Middle East, grow its engineering team, develop larger vessel classes, and advance R&D for automated port surveying.
VoidZero joins Cloudflare
VoidZero, a Singapore-registered developer tooling company behind Vite, Vitest, Rolldown, Oxc, and Vite+, is joining Cloudflare. Financial terms were not disclosed.
As part of the deal, VoidZero’s team will move to Cloudflare while continuing to lead its open-source projects. Cloudflare said Vite and related tools will remain open source, vendor-agnostic, and community-driven.
The acquisition expands Cloudflare’s exposure to the JavaScript developer ecosystem. The company also plans to commit USD 1 million to a Vite ecosystem fund and eventually build its Cloudflare CLI more directly on top of Vite.
GIC invests in Supabase and Ramp
Singapore sovereign wealth fund GIC has invested in Postgres development platform Supabase through its Series F round. GIC was joined by all existing Supabase investors, including Stripe, which made its second investment. Georgian and Salesforce Ventures also participated as new investors.
Supabase raised USD 500 million in the round at a pre-money valuation of USD 10 billion.
Supabase develops open-source Postgres tools and backend infrastructure for developers. The company said it will use the capital to accelerate open-source and Postgres development, support growth, and provide employee liquidity.
Separately, GIC also co-led Ramp’s USD 750 million Series F round alongside Iconiq and Ontario Teachers’ Pension Plan. The financing valued the finance automation platform at USD 44 billion and will support further investment in artificial intelligence-driven capabilities for customers.
Silicon Box secures SGD 100 million in debt financing
Silicon Box, a Singapore-based advanced semiconductor packaging company, has secured SGD 100 million (USD 77.6 million) in debt financing.
The facility was provided by funds managed by Ares Management, InnoVen Capital, January Capital Growth Credit, and Abound Capital. It includes an option to upsize by another USD 75 million.
Founded in 2021, Silicon Box specializes in panel-level packaging and chiplet integration. The company will use the financing to expand capacity, meet customer demand, and support the global deployment of its packaging solutions across sectors including AI, high-performance computing, mobile, robotics, and space technology.
Wavemaker backs DataMasque
DataMasque, an Auckland-based data deidentification and synthetic data platform, has raised USD 4 million in a round led by Wavemaker Ventures. Existing investors OIF Ventures and Icehouse Ventures also participated.
The company helps enterprises use sensitive data for AI, analytics, testing, and model training without exposing private information or moving data outside their own infrastructure.
DataMasque will use the funds to scale across key markets, including Singapore, and expand its work with regulated enterprises.
Aippy raises first funding round
Aippy, an AI-native game community developed by Nada AI, has raised an eight-figure USD sum in its first funding round.
The round was led by Glowill Capital and valued the company at USD 250 million post-money. Aippy allows users to create, discover, and play AI-native interactive entertainment content, with traction across the US, the UK, and Canada.
The company will use the funds to hire talent, support user growth, improve its recommendation and distribution systems, and expand tools and incentives for creators.
Arincare secures Series B+ funding
Arincare, a Thailand-based pharmacy management and healthcare ecosystem platform, has completed a Series B+ round led by Taiwania Hive Ventures, according to The Story Thailand. Existing investors Cathay Ventures and MyTrex Health Technologies participated, along with Thai investors InnoSpace Thailand and SSN. The amount was not disclosed.
Arincare will use the funding to strengthen its technology platform, expand ecosystem capabilities, enhance AI and analytics infrastructure, improve scalability, and accelerate partnerships across the healthcare value chain.
ZWC Partners invests in II Combined
ZWC Partners has invested in II Combined, the Seoul-headquartered company behind eyewear brand Gentle Monster. Financial terms were not disclosed.
Founded in 2011, II Combined has grown into a multi-brand lifestyle group spanning eyewear, fragrance, cafe concepts, headwear, and tableware.
The investment will support II Combined’s innovation across fashion and technology, as well as its expansion across Asia and international markets. ZWC said it will provide operational support, including help with retail locations and brand positioning.
Temasek invests in PhysicsX
PhysicsX, a London-based AI company for industrial engineering, has raised USD 300 million in a Series C round led by Singapore state-owned investment firm Temasek. M&G Investments and Intrepid Growth Partners joined as new investors, alongside existing backers Applied Materials, Atomico, General Catalyst, July Fund, NGP, Nvidia, Radius, and Siemens.
PhysicsX is developing an AI-driven engineering platform for industrial organizations in sectors such as aerospace, energy, automotive, semiconductors, and manufacturing. The company will use the funds to accelerate product development, expand internationally, and scale deployment of its platform.
Seeds Capital joins Protuoso’s seed round
Protuoso Biosciences, a US-based biotech company, has raised USD 9.5 million in seed funding. The round was co-led by Taya Venture and Darwin Ventures, with support from NSG Ventures, among other investors. Seeds Capital, the early-stage investment arm of SG Growth Capital, also participated.
Protuoso develops multifunctional biologics through a proprietary platform combining AI-enabled protein engineering, computational protein design, and synthetic biology.
It will use the funds to advance its platform and pipeline across cardiometabolic, oncology, and autoimmune diseases, using a hub-and-spoke model to develop programs internally while leaving room for partnerships or spinouts.
Recent deals completed in China:
- WingSemi Technology, a processor module and development platform company, has raised nearly RMB 100 million (USD 14.7 million) in an angel-plus round. The round drew Infinity Group, Baiyun Holding, Shenzhen Xiaodan Innovation Management, Hopetain Capital, Huagai Capital, and Jiayu Venture Capital, with Addor Capital and Delta Capital returning. The company will use the funds to lower the design threshold for customized processors. —36Kr
- BioGeometry, a biotech AI company, has secured a nine-figure RMB sum in a round jointly led by Shanghai Healthcare Angel Capital, CAS Investment Management, Fortune Capital, and Star Chain Capital, with participation from Gaorong Ventures and an AI innovation fund. The proceeds will support the iteration of GeoFlow, its life science foundation model, and advance its in-house drug pipeline. —36Kr
- BCI-Sonics, a brain-computer interface company, has raised about RMB 100 million in angel funding. The initial round was led by Matrix Partners, followed by an angel-plus round co-led by Delian Capital and Tao Capital. The funds will be used to validate and commercialize its ultrasound-based brain-computer interface approach. —36Kr
- BioCompass, a virtual cell platform company, has raised an eight-figure RMB sum in a round led by state-backed investors, with participation from Dalton Venture and Yunqi Partners. Existing investors FreesFund and Baidu Ventures also joined. The funds will support model iteration, data platform development, and commercialization. —36Kr
- ChipEvo, a chip and electronic design automation technology company, has raised an eight-figure RMB sum in an angel round. The round was led by Guozhong Capital, with participation from Stony Creek Capital and MiraclePlus. The funds will be used to deepen its technology moat, support computing needs, and cover operating expenses. —36Kr
- Daimon Robotics, a robotics company focused on dexterous manipulation and physical interaction intelligence, has raised RMB 100 million in a Series A round. The investment came from Inovance and China Telecom. The funds will support the development of datasets containing physical interaction information, accelerate physical AI R&D, and drive commercial deployments. —36Kr
- Vaxor Motor, a miniature high-performance motor maker, has raised an eight-figure RMB sum in a pre-Series A round led by SCGC, with participation from Tianqi Capital and Z&Y Capital. The funds will support mass production of its next-generation mini axial flux motors, development of a hollow cup motor production line, and supply chain delivery for global customers. —36Kr
- Astribot, an embodied intelligence company, has completed a Series B round, bringing its total fundraising over the past three months to more than RMB 1 billion (USD 147.2 million). Investors include a Liangxi fund managed by Broad Vision Funds, Yangzhou Longtou Xinli, ZBJL Capital, ThunderSoft, Kingswood Inks, and returning investor CAS Investment Management. An unnamed listed company also participated. The company’s valuation has surpassed RMB 10 billion (USD 1.5 billion). —36Kr
SG Enviro, E3A Healthcare, Volant, and others made recent headlines:
- SG Enviro, a Singapore-headquartered industrial water and wastewater engineering company, completed its Series A round with backing from Emerald Ventures and Seeds Capital.
- E3A Healthcare, a Singapore-founded medical technology company focused on women’s health, completed its Series A and Series A1 rounds. The funding was led by Kapok Capital, with participation from Watten Capital, Kangaroo Mommy, and Solebay Capital.
- Volant Aerotech, a developer of eVTOL (electric vertical takeoff and landing) aircraft, raised nearly RMB 1 billion in a Series C+ round. The financing was led by China Life Investment, with participation from Minjin Investment, Nio Capital, CoStone Capital, and existing shareholder China Internet Investment Fund (CIIF).
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Note: RMB, SGD figures are converted to USD at rates of RMB 6.79 = USD 1 and SGD 1.29 = USD 1 based on estimates as of June 9, 2026, unless otherwise stated. USD conversions are presented for ease of reference and may not fully match prevailing exchange rates.