In today’s briefing:
- Underwater robotics startup BeeX bags $2m
- EduFi raises $6.1m to boost AI-powered lending platform
- Indonesia’s insect-based pet food company Pawprints Inspired bags US$1.7M financing | e27
- Authentick secures US$4M for wallet-free digital collectible purchases | e27
Underwater robotics startup BeeX bags $2m
- BeeX, a Singapore-based maker of autonomous underwater robots, has raised US$2 million in a round co-led by Earth Venture Capital and ShipsFocus Ventures.
- The startup will use the funds to speed up its go-to-market efforts for autonomous offshore wind farm inspections in Europe.
- BeeX was established in 2018 by Grace Chia and Goh Eng Wei, researchers at the National University of Singapore.
EduFi raises $6.1m to boost AI-powered lending platform
- Credit penetration in Pakistan has historically been low, due in part to the country’s relatively subdued macroeconomic landscape.
- This can be seen in the student loans segment, which currently lacks firms that are focused on the vertical.
- Aleena Nadeem, a former tech investor and MIT graduate, is changing this.
Indonesia’s insect-based pet food company Pawprints Inspired bags US$1.7M financing | e27
- Pawprints Inspired, an insect-based pet food company in Indonesia, has received US$1.7 million in funding led by Creative Gorilla Capital (CGC), a collaboration between Future Creative Network and Vynn Capital.
- Altrui (Japfa Comfeed Family Office), Tujuh Bersaudara Investindo (Tigaraksa Satria Family Office), and several individual investors participated.
- In addition, Pawprints Inspired also acquired an unnamed Japanese pet food company to expand its portfolio.
Authentick secures US$4M for wallet-free digital collectible purchases | e27
- Authentick, the creator of Authentickator, a wallet-free platform for easy browsing, purchasing, and authentication of digital collectibles, has successfully raised a US$4 million seed round, with Menyala as the lead investor.
- The fresh funds will be used to execute the company’s roadmap, which encompasses expanding the marketplace, fostering collaborations with brands and creators, enhancing services, and advancing the product roadmap.
- Authentickator has also announced partnerships with Southeast Asia’s leading e-commerce platform Lazada, social media giant TikTok, and Shopify to enable select users to easily purchase digital collectibles directly from each platform using traditional payment methods.
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