Australian startup Brainfish nets AUD 3.85 million in funding
Brainfish, a Sydney-based startup providing artificial intelligence-powered customer support solutions, has netted AUD 3.85 million (USD 2.5 million) in its second funding round. The round was led by Peak XV Partners’ Surge, with participation from macdoch Ventures, Black Sheep Capital, Justus Hammer (MadPaws), and angel investors from Australia and the US.
The newly raised capital will enable Brainfish to expand to new markets and further build out its suite of solutions for online businesses.
According to Brainfish’s statement, the company has grown 65% month-on-month since it entered the market 12 months ago, and now works with 300,000 users globally. The company currently serves businesses in Australia, the US, and Singapore.
Jejakin reportedly raises USD 2.7 million
Jejakin, a carbon management company from Indonesia, has reportedly raised USD 2.7 million in seed funding, according to DailySocial.
According to the media outlet, the investors for this round include ITM Group, Indogen Capital, Asia Venture, Aurum Venturs, SMDV, East Ventures, and various Indonesian companies.
Ai Palette completes extension to Series A1 round, bagging USD 500,000
Ai Palette, a Singapore-headquartered technology startup specializing in using AI and machine learning to enable consumer packaged goods (CPG) companies in product creation, has announced the extension of its Series A1 funding round, bagging USD 500,000 from Orzon Ventures.
In a statement, Ai Palette said that the proceeds will help bolster its market position and spur further growth, particularly in places like Southeast Asia “where AI and machine learning are welcomed.”
Recent deals completed in China:
- Bingxiaoka, a Shanghai-based coffee chain brand, has secured an eight-figure RMB sum in fresh funding from undisclosed sources. It will utilize the funds to lease equipment and expand its store network. —36Kr
- Gate-sea Microelectronics Technology, a Suzhou-based technology enterprise specializing in chip and photovoltaic products, has completed a nine-figure RMB sum Series C funding round. The investors include Oriza Holdings, Fosun RZ Capital, Suzhou Industrial Park Science and Technology Innovation Fund, Kunpeng Technology Growth Fund, and Nantong Haozhi. The company will use the capital for R&D, market expansion, and to replenish its working capital. —36Kr
- Demark, a provider of polyethylene terephthalate (PET) packaging solutions, has raised a nine-figure RMB sum in a Series A++ funding round from Zheshang Venture Capital (ZSVC) and Mingzhi Technology, among other investors. —36Kr
- Xinlv Pharmaceutical, a Shanghai-registered pharmaceutical R&D company, has completed a pre-Series A funding round, raising USD 35 million from Goldman Sachs. —36Kr
- Hi-Dolphin Robot Technology, an AI technology company developing robot cafe and barista solutions under the Cofe+ brand, has completed its second Series A funding round. The round was led by an undisclosed family fund. —36Kr
- Transfer Technology, a Beijing-based developer of 3D machine vision systems, has secured an eight-figure RMB sum in a Series B funding round led by a Shanda Capital-managed fund. —36Kr
Fano Labs, Edukita, Happynest, and more led last Friday’s headlines:
- Fano Labs, a Hong Kong-based company specializing in “language AI technologies,” completed its Series B funding round, led by Openspace Ventures with the support of other investors including HSBC, Greater Good Investment, and the family office of Hong Kong billionaire Kenneth Lo, alongside existing shareholders. Fano Labs did not disclose the specific amount raised.
- Edukita, an Indonesian edtech startup, raised seed funding from Star Capital Investments and W Ventures. According to regulatory filings, Edukita will receive equity funding in two tranches, comprising USD 800,000 in the first tranche from both investors, and another USD 500,000 from Star Capital Investments in the second tranche. The startup could raise another USD 200,000 from other investors, and will also issue shares worth USD 1.3 million to SAFE holders, including 500 Southeast Asia, Evolve Capital Management, and Aldi Haryopratomo.
- Happynest, a Vietnam-based housing and lifestyle community platform, secured USD 720,000 in a seed funding round led by Touchstone Partners.
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