After a week's absence, the Chinese dragon takes to the skies! Find out which Asian start-ups were raising funds between 21 and 27 October 2024. This week, DiDi Autonomous Driving raises USD 298 million.
Reminder: this article is sponsored by our partner WINVESTY. Are you looking for a Professional Fundraiser for your start-up or SME? Find out more about its WINVESTY Fundraiser programme.
Here is the list of fundraisers in Asia:
DiDi Autonomous Driving - Voiture Autonome - Raising USD 298 million in funds
- Amount raised USD 298 million (Series C)
- Domain : Autonomous driving
- Country of origin : China
- Description DiDi Autonomous Driving, the autonomous driving technology subsidiary of DiDi Global, has raised USD 298 million in a Series C round led by the GAC Group, a Chinese car manufacturer. The funding is intended to strengthen the research and development of autonomous driving technology and accelerate the commercialisation of its first autonomous taxis. The company plans to launch a Level 4 autonomous robotaxi model by 2025.
Stellapps - Agricultural technology - Fundraising for an unspecified amount
- Amount raised Not specified (strategic investment)
- Domain Agricultural technology
- Country of origin : India
- Description : Stellapps, an Indian startup specialising in technology solutions for the dairy supply chain, has received funding from Blume Ventures and Omnivore. The funding will help Stellapps strengthen its digital products for dairy farmers and processors, using IoT sensors and data management tools to optimise productivity and quality in India's dairy sector.
upGrad - Edtech - Fundraising for an unspecified amount
- Amount raised Not specified
- Domain : Edtech
- Country of origin : India
- Description UpGrad: upGrad, an online education platform based in India, has secured funding from Temasek to support its global expansion and enhance its educational offerings. upGrad offers continuing education and skills programmes for professionals in partnership with leading universities, aimed at meeting the growing demand for digital and professional skills in a variety of sectors.
HealthifyMe - Digital health - Fundraising for an unspecified amount
- Amount raised : Not specified (led by Khosla Ventures and LeapFrog Investments)
- Domain : Digital health / Well-being
- Country of origin : India
- Description : HealthifyMe, a health and wellness app, has raised funding to expand its digital health coaching services and artificial intelligence tools to help users improve their wellbeing. With this funding, HealthifyMe aims to grow its user base and deepen its personalised health tracking services in Asia and beyond.
Eruditus - Edtech - USD 150 million fundraising round
- Amount raised USD 150 million (Series F)
- Domain : Edtech
- Country of origin : India
- Description Eruditus, an Indian edtech company, has secured USD 150 million in a Series F round led by TPG's The Rise Fund, valuing the company at around USD 3 billion. The funding will support international expansion and the integration of artificial intelligence technologies to enhance the learning experience. Eruditus, which offers training in partnership with more than 80 universities, aims to strengthen its offering for companies and governments in India and the APAC region.
Sustech - Energy - USD 50 million fundraising round
- Amount raised USD 50 million (valuation of over USD 800 million expected)
- Domain : Energy
- Country of origin : Japan
- Description Tokyo-based energy start-up Sustech plans to raise USD 50 million, taking its valuation to more than USD 800 million. Sustech specialises in innovative, sustainable energy solutions and intends to use the funding to accelerate its growth and meet the growing need for renewable energy in Japan.
English 
French 
German 
Spanish 
Portuguese 
Russian 
Chinese 
Dutch