Deals in brief: Dr Clear Aligners secures Series A funding, Amity raises USD 60 million, Ficus Capital backs Klean, and more
Summary
Dr Clear Aligners (DCA), a provider of dental clear aligners in the Asia Pacific region, has raised USD 8 million in Series A funding from Insignia Ventures Partners.Founded in April 2020 by Ryan Teo, Kevin Lim, and Jayden Cheng, DCA operates in seven countries with a network of 1,000 partner clinics and owns 11 licensed dental clinics.In its statement, DCA said it recently partnered with one of the largest dental clinic chains in Southeast Asia and introduced patented patient treatment monitoring technology.With the aim of making orthodontic treatment more accessible and convenient, DCA will utilize the investment to expand into new markets, particularly in the MENA region, and enhance R&D in artificial intelligence.Amity Solutions, a Thai AI technology company, has completed a USD 60 million Series C funding round alongside its parent company, Amity Corporation.Amity Solutions raised USD 41.6 million, led by Insight Capital, with several new and existing investors participating. The financing includes debt structured by AlteriQ Global.This investment will allow Amity Solutions to focus on developing generative AI applications while leveraging the support and resources of its parent company. The funds will be used for R&D and to acquire software-as-a-service companies with high potential for integration.Klean, a cleantech business owned by Janz Technologies, has received an investment totaling MYR 2 million (USD 428,680) from Ficus Capital.This investment, made through Ficus flagship Ficus SEA Fund, will support Kleans container recovery initiatives and the expansion of its reverse vending machine (RVM) network as well as regional operations in Malaysia, Indonesia, Singapore, and Fiji.Dharana Capital, an India-focused investment firm, has acquired shares worth over INR 4 billion (USD 47.8 million) in Urban Company, a platform for home services, through a secondary transaction. The company will use the funds to enhance its data technology capabilities, drive R&D, expand market reach, and build a comprehensive industry ecosystem. The fund will invest in gaming and infrastructure-focused blockchain applications that are raising capital at seed and pre-token generation event (TGE) stages.If there are any news or updates youd like us to feature, get in touch with us at: [email protected].