Funding secured by Xefco, Thrixen, and Salmon; Temasek backs US-based Blaize; and a rundown of ten deals in China and India, amongst other investments, reported today.

Headline: Global Startups Secure Funding for Innovative Solutions

In the dynamic world of technology and business, innovative startups continue to attract significant investments to drive their growth and bring groundbreaking solutions to the market. Here's a roundup of recent funding announcements from around the globe.

Phomera Secures Series A Funding

Phomera, a mechanical metamaterials company based in China, has secured close to RMB 100 million (USD 13.8 million) in a Series A funding round. The round was led by Yijing Capital, with BASF Venture Capital participating. The funds will be used to advance Phomera's flexible mechanical metamaterials technology.

Salmon Raises USD 25 Million for Affordable Banking Services

Manila-based financial services company, Salmon, has raised USD 25 million in a Series A1 funding round. The round was led by the International Finance Corporation (IFC), with participation from Northstar Group and other investors. Salmon aims to provide affordable and accessible banking services to the growing bankable population in the Philippines.

Thrixen Secures USD 7 Million for Diagnostic Technology

Singapore-based medtech startup, Thrixen, has raised USD 7 million in an oversubscribed funding round. The funding round was jointly led by 22Health Ventures and John Ballantyne (Aldevron). The funds raised will be used to enhance Thrixen's diagnostic technology platform and provide access to US healthcare providers.

Xefco Raises AUD 10.5 Million for Sustainable Manufacturing

Xefco, an Australian sustainable manufacturing company, has raised AUD 10.5 million (USD 6.9 million) in an extended seed funding round. The funding round was led by Australian venture capital firm Main Sequence, with other investors including Maersk Growth and the Oddo BHF group. Xefco aims to create a greener supply chain for the fashion industry with Ausora, its first product, already adopted by fashion brands Zara and The North Face.

PharmEasy Secures INR 18 Billion at Lower Valuation

Indian online drug dispenser, PharmEasy, has raised INR 18 billion (USD 215.5 million) from the Manipal Education and Medical Group (MEMG) and existing investors. However, the capital was raised based on a valuation 90% lower than the firm's peak worth.

Gimay Completes Angel Round for AI-Powered Beauty Solutions

Gimay, an AI-powered beauty-related analytics and intelligence solutions provider, has completed its angel round of financing. Goldport Capital led the round, with Haining Juanhu Dream Fund participating.

Liuxing Technology Secures Funding for Software Solutions

Liuxing Technology, a software and information technology solutions provider, has completed its pre-Series A funding round with Detao Capital and ZhenFund as investors.

Poly Material Technology Secures Series B+ Funding

Poly Material Technology, a carbon-based new materials R&D company, has raised an eight-figure RMB sum in a Series B+ funding round. Hefei Industry Investment led the round, with various investors supporting.

Churui Intelligent Technology Secures Series B Financing

Churui Intelligent Technology, an energy storage integrator, has secured an eight-figure RMB sum of Series B financing from Anhui State-owned Capital Operation Holding Group.

Volant Aerotech Bankes Nearly RMB 100 Million for eVTOL Development

Volant Aerotech, an eVTOL aircraft developer, has banked nearly RMB 100 million in a Series A+ funding round. The round was led by Hua Qiang Capital, with Jadex Capital providing support.

Singapore State-Owned Investor Temasek Invests in Blaize

Singapore state-owned investor Temasek has invested in Blaize, a US-based provider of artificial intelligence-powered edge computing solutions.

Atom Intelligence Receives Nearly USD 100 Million

Atom Intelligence, a big data solutions provider, has received nearly USD 100 million from Azuremount WH.

PaXini Technology Secures Funding for Haptic Technology

PaXini Technology, a haptic technology company, has secured a nine-figure RMB sum after completing consecutive Series A and A1 funding rounds. ENN Group led the Series A round, with BAIC Capital, Nanshan SEI Investment, and Infotech Ventures participating in the Series A1 round.

NSEIT Acquired by Investcorp for INR 10 Billion

The digital technology business of the National Stock Exchange of India, NSEIT, was acquired by Bahrain-based investment firm Investcorp for INR 10 billion (USD 119.7 million).

Xefco's Funding to Support Commercialization of Water-Free Textile Solution

The capital raised by Xefco will support the commercialization of their water-free textile finishing and dyeing solution, Ausora.

Funding for Startups Continues to Drive Innovation and Sustainability

These funding announcements underscore the global investment in innovative and sustainable technologies. As these startups continue to grow, they are poised to make significant contributions to various industries, from finance and healthcare to technology and sustainability.