INFOGRAPHIC: Top Asian Startup Funding — Week 49
These are the funding deals we tracked in the Asian region this week – featuring KKday, KPay, Ultraviolette Automotive, Interlace, and Fiamma.
- Taiwan’s KKday raised $70 million in a growth round to drive mergers and acquisitions in Asia-Pacific and enhance its AI-powered travel platform.
- KPay, operating in Hong Kong, Singapore, and Japan, secured $55 million in Series A, marking the largest Series A globally in the payments sector for 2024.
- Bengaluru-based Ultraviolette Automotive raised $15.3 million in a funding round to scale production of its electric bike and expand into Europe.
- Singapore’s Interlace raised $10 million in Series B1 to support global expansion and develop its card issuance platform.
- Fiamma, a Bitcoin and ZK infrastructure company, secured $4 million in seed funding to advance its programmable Bitcoin solutions.
KKday Secures $70 Million to Expand AI-Powered Travel Experiences
KKday, a Taiwan-based travel e-commerce platform, raised $70 million in a funding round led by Cool Japan Fund, Taiwan’s National Development Fund, and other financial institutions.
Specializing in digitalizing tours and travel experiences, KKday connects consumers with over 30,000 services in 550 cities globally via its mobile-first platform.
The funding will support mergers and acquisitions across Asia-Pacific, hiring top talent, and enhancing AI-powered solutions to deliver improved customer experiences and expand into high-growth markets like Japan and Southeast Asia.
