HeyMax raises Series A funding to expand platform across APAC
HeyMax, a Singapore-based travel and loyalty rewards platform, has raised USD 11 million in a Series A funding round led by Peak XV Partners. The round also saw participation from Betatron Venture Group and continued backing from existing investors January Capital and Tenity, along with several individual investors.
Founded in 2023, HeyMax operates a unified rewards platform that lets users earn and redeem its proprietary currency, Max Miles, across partner merchants and airline and hotel loyalty programs. The company said the funding will accelerate product development, including artificial intelligence-enabled rewards features, and support regional expansion.
HeyMax currently operates in Singapore and Hong Kong and plans to expand into Japan, Taiwan, and Australia by the end of 2026. The company last raised USD 2.6 million in July 2024 in a seed round led by January Capital, with participation from Tenity, Ascend Angels, and XA Network.
Ekko raises seed funding to expand financial health platform in Vietnam
Ekko, a Vietnam-based company focused on reducing employee financial stress and turnover, has raised USD 4.2 million in a seed round comprising both equity and debt. The round was backed by Impact Square, Fondation Botnar, Sagana, and several Vietnamese high-net-worth individuals.
Founded to address everyday liquidity challenges faced by workers, Ekko operates an earned wage access platform built around three pillars: financial education, liquidity, and savings. The company offers direct earned wage access and a software-based, employer-paid model that allows companies to cover service fees on behalf of employees. Ekko said roughly half of its revenue now comes from the latter model.
The company plans to use the new capital to expand nationwide, onboard more employer partners, and further develop its platform for workers in manufacturing, retail, logistics, and services.
MOL Plus invests in Secai Marche to expand cold chain food logistics
MOL Plus, the venture investment arm of Japan’s Mitsui OSK Lines, has invested in Secai Marche, a Tokyo-based operator of a fresh food e-commerce platform serving Southeast Asia. Financial terms were not disclosed.
Secai Marche runs a vertically integrated model combining a cold-chain logistics network with an e-commerce platform that connects producers directly with hotels, restaurants, and retailers in markets such as Malaysia and Singapore. The company sources fresh produce from Japan and local producers, focusing on maintaining quality from origin to customer.
Following the investment, the two firms plan to explore collaboration opportunities in food storage, transportation, and logistics facility expansion across the region.
Decube raises USD 3 million to scale data trust platform for enterprise AI
Decube, a data trust and context platform for enterprise AI, has raised USD 3 million in a new round led by Taiwania Hive Ventures, with participation from Iterative and 500 Global. The round brings the company’s total funding to USD 5 million, including prior backing from Orvel Ventures and First Move Fund.
Decube provides a context layer that bridges raw data systems and analytics or AI applications. Its platform helps enterprises understand data lineage, ownership, quality, and usage policies without relying on fragmented documentation or manual processes.
The company said the new funding will support global growth, product development, and expansion across the Asia Pacific, targeting enterprises preparing their data estates for AI at scale. Decube also plans to strengthen its product capabilities, regional partnerships, and enterprise deployments in line with growing demand for trusted AI systems.
Recent deals completed in China:
- Wonder, a fintech and payments platform serving APAC merchants, has secured USD 12 million in venture debt from HSBC Innovation Banking in Hong Kong. The multi-year facility will support regional expansion into markets including Singapore, Australia, New Zealand, Malaysia, and Japan, as well as faster settlement capabilities and ongoing product development.
- Jiuzi Holdings, a Nasdaq-listed company focused on electric vehicle infrastructure, has secured a USD 30 million investment from Xinhui Solar Technology Group under a newly signed cooperation agreement. The investment, structured through a mix of equity participation and co-development initiatives, will support the rollout of EV charging networks and new energy vehicle service systems across Southeast Asia.
- Deep Intelligent Pharma, a pharmaceutical technology company also known as DIP, has raised USD 60 million in a new funding round. New investors include Trustar Capital, Jinyi Capital, and Kaitai Capital, while existing shareholders CDH Investments and Xin Ding Capital increased their stakes. Index Capital acted as financial adviser. The proceeds will be used to upgrade the company’s technology systems. —36Kr
- Sinoscience Clean Energy, a Henan-based company, has secured nearly RMB 500 million (USD 70 million) in a pre-Series A++ round. The financing was led by CDH Investments, with Nio Capital, CRHC Fund, and Kunpeng Capital as co-lead investors. Lotus Lake Capital, Rain Capital, Henan Asset Management, Flyfot Ventures, and West Lake Venture Capital also participated, while existing backers Roton Capital and CGN Capital Holdings continued their support. Six Sigma Capital served as financial adviser. —36Kr
- FoloToy, a Shanghai-based, tech-enabled toy maker, has completed a pre-Series A round and extension, raising an eight-figure RMB sum. Investors included SCGC, Nanshan SEI Investment, and existing shareholder Huohuotu. Index Capital acted as financial adviser. The company plans to use the funds to accelerate technology development, iterate on products, and support mass production and delivery. —36Kr
- Sunseed, a provider of technology-driven food processing solutions, has raised an eight-figure RMB sum in an angel round led by Ningbo Beilun Commerce and Logistics Investment Group. Rongcheng Rongxin Fund and Peakview Capital also participated. The proceeds will be used for R&D, product iteration, and commercial rollout. —36Kr
- Enhanced Robotics, a sports hardware company, has raised more than RMB 100 million (USD 14 million) across its Series A, A1, and A2 rounds. The rounds were led respectively by HongShan, Xiang He Capital, and a group including Seine Ventures and Fortune Capital, with participation from Unique Capital. The company plans to use the funds to develop tennis and sports training robots and to expand internationally. —36Kr
Level3AI, Airwallex, Toku, and more made recent headlines:
- Level3AI, a Singapore-based AI startup, raised USD 13 million in seed funding in a round led by Lightspeed. The round also includes participation from Beenext, 500 Global, Sovereign’s Capital, and Goodwater Capital.
- Airwallex acquired Paynuri, a South Korea-based company that holds licenses for payment gateway services, prepaid electronic payment instruments, and foreign exchange operations. Financial terms were not disclosed.
- Toku, a Singapore-incorporated provider of customer experience solutions, raised SGD 16.25 million (USD 12.8 million) through its IPO on the SGX Catalist board. The public offer was 31.9 times subscribed.
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