FB Pixel no scriptDeals in brief: Wiziin raises funds to launch blockchain investment platform, three Chinese companies secure funding, and more | KrASIA

Deals in brief: Wiziin raises funds to launch blockchain investment platform, three Chinese companies secure funding, and more

Written by Gideon Ng Published on   2 mins read

Bringing you the latest news briefs on fundraising activities in the Asia Pacific.

Wiziin raises pre-seed funding to launch blockchain-based venture investment platform

The Vietnam-based venture investment management platform has secured USD 500,000 in pre-seed funding from an undisclosed tech serial entrepreneur.

According to Thong Dang, co-founder of Wiziin, this funding will accelerate the company’s efforts in blockchain technology to disrupt traditional venture capital methods. This includes the launch of Homerun.club, an investment platform aimed at democratizing funding access and attracting a broader range of investors by bypassing intermediaries. —e27

Moge Micro Flow Technology completes new funding round

The Chinese microreactor and flow production technology company has raised an undisclosed amount of funding from Northern Light Venture Capital and will use the funds to support R&D into nanomaterial products as well as the construction of its production line. 36Kr

Polar Bear Tech raises nine-figure RMB sum to develop next-generation chips

The Chinese chip development company has raised over RMB 100 million (USD 13.7 million) in a new round of funding. The investors of this round include Harvest Capital and Zhengwei Capital Investments, and the new funds will be used to further the company’s R&D efforts. —36Kr

MicroCyto secures funding to accelerate bio-manufacturing product development

The China-based biotech company has raised an eight-figure RMB sum in a recent funding round led by existing investor Matrix Partners. The funds will be directed toward the expansion of R&D laboratories and the initiation of trial production for multiple product manufacturing pipelines. 36Kr

ZTX, Sirius Technologies, Atome, and more led last week’s headlines:

  • ZTX, a Singapore-based Web3 and metaverse platform, raised USD 13 million in a seed funding round led by Jump Crypto. Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group, and other investors also participated. The funding will be used to accelerate the adoption of Web3 technology on a global scale.
  • Sirius Technologies, a Singapore-based enterprise architecture tech startup, raised USD 18 million in a Series A funding round led by Integra Partners and Cento Ventures. The funding will be used to enhance enterprise architecture solutions.
  • Atome, a Singapore-based fintech company, has renewed and expanded its USD 100 million debt facility with HSBC Singapore. The funding will support its expansion into the Philippines and other key markets, catering to unbanked and underbanked consumers. The debt facility will also enable Atome to launch new consumer financing products.

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