Research from e27, e27

Research from e27

e27 is Asia's largest Tech media platform. We cover the latest news on emerging and disruptive businesses across the region.

Private Capital Markets

Zeta Markets provides financial technology solutions. The Company develops a decentralized platform built on blockchain tool that facilitates users with pricing updates, liquidations, and under-collateralized derivatives trading. Zeta Markets serves clients in the United States.

<ul><li>Zeta Markets, a Solana-based decentralised exchange for on-chain perpetuals, has closed a US$5 million strategic funding round led by Electric Capital, with participation from DACM, Selini Capital, and Airtree Ventures.</li><li>Prominent angel investors also joined, including Anatoly Yakovenko of Solana, Mert Mumtaz of Helius, Richard Wu of Tensor, Marius Ciubotariu of Kamino, Stepan Simkin of Squads, Alex Smirnov of Debridge, Genia Mikhalchenko of Pyth, Nom of Bonk, and JMR Luna of Wintermute.</li><li>This deal brings Zeta Markets’s total funding raised to date to US$13.5 million.</li></ul>

Zeta Markets, a Solana-based decentralised exchange for on-chain perpetuals, has closed a US$5 million strategic funding round led by Electric Capital, with participation from DACM, Selini Capital, and Airtree Ventures.Prominent angel investors also joined, including Anatoly Yakovenko of Solana, Mert Mumtaz of Helius, Richard Wu of Tensor, Marius Ciubotariu of Kamino, Stepan Simkin of Squads, Alex Smirnov of Debridge, Genia Mikhalchenko of Pyth, Nom of Bonk, and JMR Luna of Wintermute.This deal brings Zeta Markets’s total funding raised to date to US$13.5 million.

Solana-based decentralised exchange Zeta Markets scores US$5M funding | e27

Thrixen Diagnostics / Private Capital Markets

Thrixen was founded by international scientists from multidisciplinary areas from Singapore and USA in 2021. T

<ul><li>Singapore-based startup Thrixen, which develops a diagnostics platform for infectious diseases, has secured funding, its co-founder and CEO Shavit Clein announced in a <em>LinkedIn</em><a href="https://www.linkedin.com/feed/update/urn:li:activity:7190624185373622272/" target="_blank" data-ct="28d267dcb24ef7f811746e60d0786819" rel="noopener">post</a>.</li><li>The investors are 22Health Ventures, an early-stage healthtech investment firm and biotech company Aldevron’s co-founder John Ballantyne.</li><li>The development was first <a href="https://www.businesstimes.com.sg/startups-tech/startups/health-tech-startup-thrixen-bags-us-7-million-22health-ventures-aldevron-co-founder" target="_blank" data-ct="97187674be2ef339a210336513ba0ffd" rel="noopener">reported</a> by <em>The Business Times</em>, which pegged the funding amount at US$7 million. The capital will be used to advance the development of its diagnostic technology platform.</li></ul>

Singapore-based startup Thrixen, which develops a diagnostics platform for infectious diseases, has secured funding, its co-founder and CEO Shavit Clein announced in a LinkedInpost.The investors are 22Health Ventures, an early-stage healthtech investment firm and biotech company Aldevron’s co-founder John Ballantyne.The development was first reported by The Business Times, which pegged the funding amount at US$7 million. The capital will be used to advance the development of its diagnostic technology platform.

Thrixen bags US$7M in funding to advance its diagnostics platform | e27

Brainfish Pty Ltd is an Al powered customer support platform. The Company provides Al help center and agent assistant solutions. Brainfish servers clients in Australia.

<ul><li>Brainfish, an AI-powered self-service customer support platform for businesses, has raised US$2.5 million in seed funding.</li><li>The latest round was led by Peak XV’s Surge, with participation from Macdoch Ventures, Black Sheep Capital, existing angel Justus Hammer (CEO MadPaws), and new angels.</li><li>This brings its total capital to US$3.3 million.</li></ul>

Brainfish, an AI-powered self-service customer support platform for businesses, has raised US$2.5 million in seed funding.The latest round was led by Peak XV’s Surge, with participation from Macdoch Ventures, Black Sheep Capital, existing angel Justus Hammer (CEO MadPaws), and new angels.This brings its total capital to US$3.3 million.

Surge leads self-service customer support platform Brainfish’s US$2.5M seed round | e27

Elevarm Technologies   / Private Capital Markets

Elevarm Technologies Pte. Ltd. develops agricultural trading platform. The Company offers digitization of farmlands and provides supply services that also focus on the upstream side of farming, enabling business customers and farmers to maximize production and revenue. Elevarm Technologies serves customers in Indonesia.

<ul><li>Indonesia’s integrated farming productivity platform Elevarm has secured US$2.6 million in a seed funding round led by Singapore’s Insignia Ventures Partners.</li><li>500 Global and eFishery founder and CEO Gibran Huzaifa also participated.</li><li>The strategic raise, completed in two phases, will be used to scale Elevarm’s seedlings and organic fertiliser production capacity threefold to meet growing demand.</li></ul>

Indonesia’s integrated farming productivity platform Elevarm has secured US$2.6 million in a seed funding round led by Singapore’s Insignia Ventures Partners.500 Global and eFishery founder and CEO Gibran Huzaifa also participated.The strategic raise, completed in two phases, will be used to scale Elevarm’s seedlings and organic fertiliser production capacity threefold to meet growing demand.

Elevarm Raises US$2.6M to Empower Indonesia’s Small-Holder Farmers | E27

Linnovate Partners Afs   / Private Capital Markets

Linnovate Partners AFS Pte. Ltd. operates as a financial technology company. The Company develops technology platform that offers fund administration, investor relations, regulatory compliance, portfolio monitoring, and reporting solutions. Linnovate Partners AFS serves customers worldwide.

<ul><li>Singapore-based Linnovate Partners, an asset servicing and fintech company for the alternative investment industry, has received a US$40 million funding commitment led by Temasek-owned SeaTown Private Capital Master Fund.</li><li>This capital infusion will enable Linnovate to scale operations and drive innovation.</li><li>Henry Lin, founder and CEO of Linnovate Partners, said: “This investment will be instrumental in accelerating our growth trajectory, providing us with the necessary resources to enhance our service offering, and continue delivering cutting-edge solutions to our clients and the industry itself.”</li></ul>

Singapore-based Linnovate Partners, an asset servicing and fintech company for the alternative investment industry, has received a US$40 million funding commitment led by Temasek-owned SeaTown Private Capital Master Fund.This capital infusion will enable Linnovate to scale operations and drive innovation.Henry Lin, founder and CEO of Linnovate Partners, said: “This investment will be instrumental in accelerating our growth trajectory, providing us with the necessary resources to enhance our service offering, and continue delivering cutting-edge solutions to our clients and the industry itself.”

SeaTown leads US$40M funding of asset servicing firm Linnovate Partners | e27