FB Pixel no scriptDeals in brief: Spacely AI raises pre-seed funding, ABM Investama agrees IDR 1 trillion credit facility with Bank Central Asia, five China deals, and more | KrASIA

Deals in brief: Spacely AI raises pre-seed funding, ABM Investama agrees IDR 1 trillion credit facility with Bank Central Asia, five China deals, 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.

Spacely AI raises pre-seed funding from SCB 10X

Spacely AI, a startup developing an artificial intelligence-powered spatial design platform, has secured an undisclosed amount of pre-seed funding from SCB 10X, a subsidiary of SCBX Group. The platform caters to a variety of use cases related to interior and architecture design.

According to a statement by SCB 10X, the investor said that the capital will enable Spacely AI to establish itself as the go-to platform in the spatial design industry. This investment also aligns with SCBX’s strategy to support the advancement of AI technology.

Spacely AI is reportedly expanding its global presence, serving users in Thailand, Portugal, and the US, among other countries. The company is forging partnerships with various firms such as Index Living Mall and Proud Real Estate.

“Our partnership with Spacely AI has enhanced the customer journey, creating unparalleled experiences that truly reflect our brand and our real estate offerings. [Its] AI-driven designs have created our spaces into interactive canvases, serving as the touchpoints for engagement throughout the customer journey. This enables customers to seamlessly bring their design ideas to reality,” said Pasu Liptapanlop, director at Proud Real Estate.

ABM Investama signs credit facility agreement with Bank Central Asia

ABM Investama, an Indonesian investment company focused on energy-related sectors, has entered into a credit facility agreement with Bank Central Asia, securing IDR 1 trillion (USD 63.2 million).

According to Kontan, ABM plans to utilize the funds to finance its capital expenditures and bolster its working capital in pursuit of sustainable business growth.

Recent deals completed in China:

  • Xiaoge Intelligent Technology, a Jiangsu-registered provider of technology solutions for commercial kitchens, has secured an undisclosed amount in a pre-Series A+ funding round led by Zhencheng Capital. 36Kr
  • PoreSpect, a Guangzhou-registered company specializing in solid-state nanopore single-molecule sensing technology, has bagged an eight-figure RMB sum in an angel round of financing led by Forcefield Ventures (IMO Ventures), with participation from Tiantu Capital, Yael Capital, and other institutions. InvesTarget served as the exclusive financial advisor for this round. 36Kr
  • Horimed, a Tianjin-based company focused on R&D of products and equipment in the field of endovascular diagnostics and treatment, has raised an eight-figure RMB sum in a funding round led by Tasly Capital, with participation from a biopharmaceutical fund jointly established by Haihe River Industry Fund and Hi-tech Investment Management. Haoyue Capital continues to serve as the exclusive financial advisor. The funds will support Horimed’s R&D, production, registration, and commercialization of its products. 36Kr
  • Xiaozhu Caishui, an Anhui-registered financial information portal, has secured RMB 10 million in a new financing round. The investor details were not disclosed. 36Kr
  • Linkedti Technology, a Hefei-based technology provider for the manufacturing and new energy industries, has banked a seven-figure RMB sum in a seed funding round led by Hefei Hi-tech VC. The capital will be utilized to support its technology R&D. 36Kr

Kaya Founders, AnyMind Group, Eesee, and more led yesterday’s headlines:

  • Kaya Founders, a Philippines-based venture capital firm, announced the second close of its two latest funds, having secured PHP 1 billion (USD 18 million) in commitments from various investors including Pavilion Capital, Gabriel Sunshine and Geraldine Sunshine from Bracebridge Capital, and Concentric Equity Partners, among unnamed family offices, high-net-worth individuals, and entrepreneurs.
  • AnyMind Group, a Singapore-founded brand enablement company, agreed to acquire Arche Digital, an e-commerce enabler, and fulfillment services provider in Malaysia. AnyMind did not disclose the financial terms of this deal.
  • Eesee, a UAE-based digital asset trading platform, received an undisclosed amount of investment from Hong Kong-based Web3 company Animoca Brands.

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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