Bioactivx raises USD 3 million in pre-Series A funding
Bioactivx, an A*STAR and SingHealth spinoff developing wound care technologies, has raised USD 3 million in a pre-Series A funding round. The round was co-led by Martin Krupp, managing director of Swiss family office ContInvest, and Cocoon Capital, with participation from new and existing investors.
The latest round brings Bioactivx’s total funding to USD 4.9 million.
The company is developing Bioactiv Matrix, a fully synthetic skin substitute designed to support tissue regeneration, reduce inflammation, and improve wound healing without using animal-derived materials. The product does not require cold chain storage or use in a sterile operating theater, potentially expanding its use in settings including military operations, emergency response, remote healthcare, and other resource-constrained environments.
Bioactivx will use the funding to expand its manufacturing capabilities in Singapore and strengthen its commercial and regulatory teams. It also plans to support post-market clinical trials and advance its broader pipeline of wound care technologies.
SMBC Asia Rising Fund and Singtel Innov8 invest in fileAI
fileAI, an enterprise software company that automates complex file and data workflows, has received investment from SMBC Asia Rising Fund and Singtel Innov8, the corporate venture capital arm of Singtel Group. Financial details were not disclosed.
The company operates fileForge, a platform that captures, validates, matches, and reconciles data from unstructured and semi-structured files before publishing structured records into enterprise systems. It has also launched fileScout, an artificial intelligence-based tool designed to map and process unstructured enterprise data while reducing token usage.
fileAI will use the funding to expand in Japan and deepen its capabilities for the financial services sector. Its plans include establishing a local sales, engineering, and customer success team, as well as building relationships with enterprises moving AI applications from pilots into production.
The investment follows fileAI’s partnership with JRE Ventures in June, which laid the groundwork for its operations in Japan and its work on digitizing legacy contracts and operational documents.
Lumio Solar raises USD 900,000 to expand solar appliance network in the Philippines
Lumio Solar, a Philippine technology company building a distribution network for consumer-ready solar appliances and equipment, has raised USD 900,000 in a pre-seed round led by climate technology venture builder 100×100.
Lumio targets households, micro, small, and medium enterprises, agribusinesses, and institutions that face cost, installation, or property constraints when adopting conventional rooftop solar. Its portfolio includes solar-powered fans, lights, freezers, and portable power stations that require little or no installation.
The company is building a distribution and service platform around the products, including local hubs and after-sales support. It will use the funding to expand its distribution network, hub operations, and service infrastructure across the Philippines.
Lumio will initially focus on Central Luzon and Metro Manila before expanding into provincial and archipelagic markets across the country.
Ajaib raises USD 270 million from SBI Holdings in Series C round
Ajaib, an Indonesian online investment platform, has raised USD 270 million in a Series C round from Japan’s SBI Holdings, bringing its total funding to more than USD 500 million.
SBI is set to hold a 20% stake in Ajaib following the investment. The companies did not disclose Ajaib’s latest valuation. Based solely on the investment amount and stated ownership stake, the transaction could imply a valuation of about USD 1.35 billion, although the final figure would depend on the structure of the deal.
Founded in 2019, Ajaib started as a stock trading app with no minimum deposit, targeting younger retail investors. It has since expanded its offerings to include global stocks, cryptocurrencies, and stablecoins.
Ajaib did not disclose how it plans to use the proceeds. The investment also establishes a partnership with SBI, which operates across traditional financial services and digital assets.
Recent deals completed in China:
- Zhongke Miwei, a space computing and satellite intelligence company, has raised more than RMB 100 million (USD 14.8 million) across its Series A1 and Series A2 rounds. Investors include Bohua Industrial Investment, Matrix Partners, GL Ventures, AstronStone, CSSD, Baidu Ventures, Xinrui Capital, Tsinghua Holdings Capital, and USTC Silicon Valley Venture Capital. The company develops computing hardware, operating systems, and distributed architectures for intelligent satellites. It will use the funding to expand its space computing and satellite systems business. —36Kr
- InstAdapt, a Shanghai-based embodied AI infrastructure company, has raised an eight-figure USD sum in seed funding. Investors include Xiechuang Smart Technology, V Fund, PDVC, and Wuyue Angel. The company is developing infrastructure for embodied world models, spanning robot-ready data, 3D physical assets, simulation, model training, and deployment. It will use the funding to build out its physical AI data infrastructure, advance R&D, and expand its team. —36Kr
- Xingyi Space, a commercial space telemetry, tracking, and control company, has raised a nine-figure RMB sum in a Series A round. Investors include Suzhou Capital Group, Lihe Qingtong, Septwolves Holdings, Zhichen Investment, Lanxi Capital, and Haisi Venture Capital. The company provides in-orbit tracking and control services for satellites and launch vehicles. It will use the funding primarily to expand its overseas ground station network. The round follows a nearly RMB 300 million (USD 44.5 million) pre-Series A round led by SCGC in late 2025. —36Kr
- Lingluo Technology, a Shenzhen-based sleep technology company, has raised an eight-figure RMB sum in an angel round led by Shenzhen HTI Group, with existing investor Heding Co Investment also participating. Founded in 2024, the company develops AI-enabled wearable hardware for sleep intervention, combining neural signal collection with AI-based decision models. Its first product, an ankle-worn sleep device, went on sale in China in July. Lingluo will use the funding for technology development, supporting hardware and software systems, commercialization, market expansion, and scaled production and delivery. —36Kr
- LingYu Robotics, an embodied AI infrastructure provider, has raised a nine-figure RMB sum in a pre-Series A round from Zhuzhou Industrial Development Investment Holding Group, Flyfot Ventures, Future Margin Ventures, KHK Fund, and other investors. Founded in 2025, the company develops robot hardware, real-world data collection systems, and the Nexus cloud operations platform. Its robots have been deployed at scale in 7Fresh supermarkets. LingYu will use the funding to expand production capacity, upgrade its real-world data collection pipeline, and continue developing its cloud operations platform. —36Kr
- Synapath AI, a Shenzhen-based embodied AI infrastructure company, has completed two consecutive angel plus funding rounds. The first raised an eight-figure RMB sum from KylinHall Partners, Shenzhen HTI Group, and an unnamed investor. The second raised nearly RMB 100 million from Shenzhen Co-Stone Asset Management, Nanshan SEI Investment, Suzhou Jushi Venture Capital, COE Capital, Hangzhou Industrial Investment Group, and XHVC. Founded in 2024, Synapath converts human behavior in real-world work settings into training data and physical representations that robots can learn from, supporting embodied AI model training and deployment. —36Kr
Buddy Bites, Living Roots, Craif, and others made recent headlines:
- Buddy Bites, a Hong Kong-founded pet food company, raised USD 4.2 million in a Series A round led by Digitalis Ventures, with participation from Hong Kong venture investor Adrian Lai.
- Living Roots, a Thailand-based agriculture technology company developing biological alternatives to synthetic fertilizer, raised seed funding from a group of returning and new angel investors under Epic Angels. The amount was not disclosed.
- Craif, a Tokyo-based biotechnology company developing urine-based tests for early disease detection, closed a roughly USD 33 million Series D round. The financing was co-led by Granite-Integral and Tauns. Unreasonable and existing investor X&KSK also participated, alongside institutional and individual investors from Singapore, the US, and Japan.
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Note: RMB figures are converted to USD at rates of RMB 6.74 = USD 1 based on estimates as of September 1, 2026, unless otherwise stated. USD conversions are presented for ease of reference and may not fully match prevailing exchange rates.