Deals in brief: Jala Tech confirms Series A funding, Neuralink secures additional USD 43 million, multiple China and India deals, and more
Summary
Following DealStreetAsias report on November 27 regarding Jala Tech completing its Series A funding round, the Indonesian aquaculture tech company has released a statement today confirming the milestone and providing clarification on the correct amount raised, which is USD 13.1 million.The round was led by Intudo Ventures, with participation from Sinar Mas Digital Ventures (SMDV) as well as existing investors Mirova and Meloy Fund (Deliberate Capital).As the worlds fourth-largest producer of shrimp, Indonesia plays a critical role in the global seafood supply chain. Jalas suite of digital solutions helps farmers create tangible economic value, increasing farming yields, and leading to more sustainable cultivation practices, said Patrick Yip, founding partner at Intudo Ventures.The Singapore-based entertainment company has announced the completion of its seed funding round, securing USD 12.7 million. Australian Financial ReviewThe Singapore-based B2B apparel commerce platform has raised an undisclosed amount in a funding round comprising a mix of equity and convertible notes. The round was led by Surge by Peak XV Partners, with the support of various angel investors including Naveen Kukreja (Paisabazaar), Kunal Shah (Cred), Mohit Gupta (Zomato), Amit Lakhotia (Park+), Ravi Singhvi (Ares Asia), Anant Apurv Kumar (Brij Hotels), Parag Aggarwal (Gobolt), and Toranj Mehta (De Beers). Inc42 EMotorad, a Pune-based electric two-wheeler startup operated by Inkodop Technologies, has raised USD 20 million in a seed funding round led by Panthera Growth Partners.
Funding
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