Deals in brief: Pi-xcels raises USD 2.7 million, Vynn Capital backs MediSun Energy, Gobi Partners teams up with Cross Capital, and more
Summary
The round was led by Vynn Capital, valuing MediSun at USD 44 million.Key investors include MOAJ Holding, Frank Phuan, TNB Auras Scout Initiative, and Ciri Ventures. Cross Capital, renowned for its flagship fund of funds connecting Japanese corporations with startups, will leverage Gobis regional expertise to drive collaborations between Northeast Asia and ASEAN.This partnership aims to empower entrepreneurs and investors by supporting startup localization, market entry, and scaling efforts.All Things Baby (ATB), an Indian platform that curates mother and baby products, has secured INR 300 million (USD 3.6 million) in its Series A funding round. The funding was co-led by Richa Choksi and Inoventures, the family office of Manish Choksi.The funds will be used to expand ATBs product offerings, enhance its distribution network, and launch experiential retail stores in Indias metro cities.17Live Group, a live streaming platform listed on the Singapore Exchange (SGX), has acquired Mikai, a leading Japanese vtuber agency, to bolster its virtual IP portfolio. Gyges Labs, a wearable technology startup, completed a pre-Series A funding round led by GSR Ventures, netting an eight-figure RMB sum. Elon Musks xAI reportedly raised USD 5 billion in a funding round, The round, valuing xAI at USD 50 billion, attracted investments from the Qatar Investment Authority, Valor Equity Partners, Sequoia Capital, and Andreessen Horowitz.If there are any news or updates youd like us to feature, get in touch with us at: [email protected].