INFOGRAPHIC: Top Asian Startup Funding — Week 1, 2025
These are the funding deals we tracked in the Asian region this week – featuring Pimax, Aye Finance, Flint, CargoFL, and Guestara.
- China’s Pimax raised $14 million in Series C1+ to enhance VR technology, expand global market presence, and develop advanced products for industries like gaming and design.
- India’s Aye Finance obtained $12.8 million in debt funding to scale its lending operations and prepare for a proposed IPO.
- Chennai-based Flint secured $2 million in seed funding to pilot its sustainable paper battery technology and expand its market reach.
- Pune-based CargoFL raised $800,000 in seed funding to enhance its AI-powered logistics platform and expand into Southeast Asia and the Middle East.
- Guestara secured $500,000 in pre-seed funding to develop AI-driven hospitality solutions and onboard new hotel partners globally.
Pimax Secures $14 Million to Enhance VR Technology and Global Expansion
Chinese VR startup Pimax raised $14 million in a Series C1+ round led by Zhuji Jingkai Chuangrong Investment, with participation from Ivy Capital.
Founded in 2015, Pimax develops high-end VR headsets known for their 4K and 8K resolution, catering to gaming, education, and professional design industries.
The funding will support Pimax’s R&D efforts, expand its presence in global markets, and develop new products to improve accessibility and user experience in VR technology.