Deals in brief: Indonesia’s Spun raises seed funding, Gobi Partners makes first Bangladesh investment, 11 China investments, and more

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Written by Sudo Lim Published on   7 mins read

Spun raises funding to scale AI-led visa processing across Southeast Asia

Spun, a Jakarta-based startup building artificial intelligence-enabled visa infrastructure, has raised USD 1.8 million in seed funding to support its expansion across Southeast Asia. The round was led by Genesia Ventures, with participation from Antler, Spiral Ventures, Iterative, Kopital Ventures, and angel investor Kum Hong Siew, a former Airbnb China executive.

Founded in 2025, Spun treats visas as core travel infrastructure rather than a manual service. It deploys purpose-built AI agents to standardize and automate fragmented visa and permit processes across markets, serving both individual travelers and B2B customers such as travel agencies and platforms.

The company said its platform currently supports more than 300 visa types across over 90 countries and is integrated with regional travel platforms including Klook, Traveloka, Tiket, and Nusatrip.

Proceeds from the round will be used to deepen automation capabilities, expand into additional Southeast Asian markets, and strengthen integrations with travel platforms and enterprise partners.

Gobi Partners makes first Bangladesh investment with backing of Jatri

Jatri, a Dhaka-based B2B travel commerce platform, has secured an investment from Gobi Partners, marking the firm’s first investment in Bangladesh. Financial terms were not disclosed.

Founded to address inefficiencies in large-scale travel procurement, Jatri combines inventory distribution, booking workflows, and embedded trade finance into a single platform. It enables travel agents, travel management companies, and corporate buyers to execute high-volume, multi-market bookings, including group and last-minute travel.

Jatri said it operates in more than 100 cities across Southeast Asia, the Middle East, Europe, and North America. The Middle East and North Africa region now accounts for close to 60% of its revenue, driven largely by enterprise customers and its regional brand, Saafir.

The funding will support international expansion, with a focus on deepening its presence in MENA and scaling enterprise-grade travel commerce infrastructure.

Photo courtesy of Gobi Partners.

Botsync extends Series A round with backing from SGInnovate

Botsync, a robotics automation company, has secured additional funding from SGInnovate as part of its extended Series A round. The amount raised was not disclosed.

The company develops autonomous mobile robots and SyncOS, a vendor-agnostic orchestration platform that allows enterprises to manage multi-robot fleets across factories and warehouses. Its customers span sectors including FMCG (fast-moving consumer goods), food and beverage, and automotive manufacturing.

Based in Singapore, Botsync has expanded into Australia, South Africa, and the US through partnerships, including a collaboration with SK International. The new capital will be used to accelerate product development, expand deployments with existing customers, and enhance AI-driven analytics and optimization capabilities within SyncOS, while supporting further geographic expansion.

Gushcloud deepens MENA presence with TalentPlus acquisition

Gushcloud has completed a majority acquisition of Dubai-based talent management and influencer marketing firm TalentPlus, a company it first invested in just over a year ago. Financial terms were not disclosed.

Following the transaction, TalentPlus will rebrand as Gushcloud TalentPlus and focus on managing creators from MENA while representing global creators across the region. Founder Michel Chahda will continue to lead the business and has been appointed a partner at Gushcloud.

The deal strengthens Gushcloud’s regional footprint in MENA, which it views as a key market for creator monetization and IP development. The company cited rising digital content consumption and strong advertiser demand as key drivers.

Gushcloud said it will leverage its data, AI tools, and global media inventory to support cross-border creator monetization and brand partnerships across APAC, the Middle East, Europe, and the US.

AnyMind acquires live streamer agency to boost social commerce capabilities

AnyMind Group has acquired all shares of Bcode, a Japan-based live streamer management company, as it moves to strengthen its social commerce infrastructure. Financial terms were not disclosed.

Bcode manages more than 300 live streamers in Japan, primarily on TikTok Live, and provides operational and monetization support for creator-led commerce. The acquisition is intended to enhance AnyMind’s end-to-end capabilities spanning content creation, live commerce, e-commerce operations, and distribution.

The deal builds on AnyMind’s earlier acquisitions in Japan, including creator network Grove and short-video studio Nadesiko. Together, these assets are designed to support brands across the full commerce lifecycle, from audience engagement to conversion and fulfillment.

AnyMind said the acquisition comes as social platforms increasingly link content discovery directly with purchasing behavior.

Zeya raises pre-seed funding following rapid clinic adoption

Zeya Health, a Singapore-based health tech startup, has raised USD 575,000 in pre-seed funding from Antler and a group of angel investors.

The company is building what it describes as an AI-native front desk that integrates with clinics’ existing electronic medical records and communication tools such as WhatsApp. The system automates administrative tasks including reminders, follow-ups, rescheduling, and patient engagement, without requiring clinics to replace core infrastructure.

Since launching in August, Zeya said it has seen rapid adoption among clinics and is working with larger healthcare groups to standardize workflows across multi-clinic environments.

The funding will support continued product development and scaled deployments across private healthcare providers in Singapore and the broader APAC region, as providers face rising patient volumes and staffing constraints.

bitcoins Photo of Agastya Samat (left) and Pasindu Wijesena, co-founders of Zeya Health.
Agastya Samat (left) and Pasindu Wijesena, co-founders of Zeya Health. Photo courtesy of the company.

Primech secures investment from Chinese environmental group

Primech Holdings, a provider of tech-enabled facility services, has received a USD 4 million strategic investment from Welle Environmental Group, a China-listed environmental technology company.

Primech delivers facility management services and AI-driven cleaning systems through its subsidiaries. The funding will support continued development and commercialization of Hytron, its autonomous restroom-cleaning robot, alongside expanded robotics R&D and production capacity.

The proceeds will also strengthen working capital for Primech’s core facility services business as it scales internationally and deploys automation across commercial environments.

Grab acquires Chinese robotics startup to advance automated delivery

Grab has acquired Infermove, a China-based startup specializing in autonomous delivery robots. Financial terms were not disclosed.

Founded in 2021, Infermove develops mobile robots designed for complex, unstructured environments, including last-mile delivery. Its technology draws on real-world driving data and imitation learning to enable human-like navigation and manipulation.

Infermove will continue to operate independently following the acquisition, with its founding team remaining in place and reporting to Grab’s technology leadership. Grab said it plans to integrate Infermove’s robotics capabilities into its delivery network to improve efficiency across first-mile and last-mile logistics.

The acquisition reflects Grab’s broader push into automation as labor costs rise and on-demand delivery volumes continue to grow across Southeast Asia.

Photo courtesy of Grab.

Recent deals completed in China:

  • SpacemiT, a China-based chip company focused on next-generation processors built on the RISC-V architecture, has completed a Series B round worth a nine-figure RMB sum. Investors include the China Internet Investment Fund, ABC AIC, the Beijing Artificial Intelligence Industry Investment Fund, Shunxi Fund, Huaxia Hengtian, and Forebright Capital, alongside existing shareholders. The company plans to use the proceeds to advance general-purpose chip development for AI computing and robotics, as well as cloud inference chips, server-grade AI CPUs, and terminal AI CPUs. 36Kr
  • Sequential Technology, a semiconductor materials company, has raised more than RMB 100 million (USD 14 million) across its Series A3 and A4 rounds. Backers include Naura-backed Nuo Capital, Beijing Electric Control Industry Investment, and QHFZ Capital Management. The funding will be used to upgrade production lines and supporting systems, while continuing R&D and talent investment in advanced semiconductor packaging materials. 36Kr
  • CAS Cold Atom, a quantum technology company, has secured close to RMB 100 million from a fund managed by China Mobile. The capital will support the development of quantum computing hardware, product iteration, and application exploration. The company focuses on neutral-atom quantum computing and quantum precision measurement. 36Kr
  • Kihu, a smart display manufacturer specializing in industrial-grade LCD terminals, has raised RMB 20 million (USD 2.8 million) in a pre-Series A round. Investor details were not disclosed. The funds will be used for technology iteration, service network expansion, and global market channel development. 36Kr
  • Phasecom, a communications technology company, has completed an angel round worth more than RMB 10 million (USD 1.4 million), led solely by Liuhe Capital. The company will use the proceeds to strengthen R&D and expand its engineering team, with a focus on low-earth-orbit satellite communications, advanced wireless cellular solutions, and phased-array terminal technologies. 36Kr
  • Xinhangwei, a vacuum components manufacturer, has raised an eight-figure RMB sum in an angel round from Yushan Partners and DHLT Investment, following an earlier seed round backed by K2VC. The funding will support expanded turbo molecular pump production, further development of magnetic levitation products, and commercialization efforts. 36Kr
  • PhotonPay, a financial infrastructure platform, has completed a Series B round worth an eight-figure USD sum. The round was led by IDG Capital, with participation from GL Ventures, Enlight Capital, Lightspeed Faction, and Shoplazza. The company plans to use the capital to expand its product offering and scale cross-border digital financial services. 36Kr
  • Muxma, a home fitness brand, has raised nearly RMB 10 million in a pre-Series A round from Qingdao Jukang Enterprise Management. The funding will be used to develop core components such as motors, expand its product lineup, and strengthen marketing and distribution. 36Kr
  • Oboo, a smart display company, has secured RMB 18 million (USD 2.5 million) in a pre-Series A round. Investor details were not disclosed. The funds will be allocated toward R&D, capacity upgrades, and market expansion. 36Kr
  • Ninetech, an AI-driven enterprise automation platform provider, has raised more than RMB 100 million in a Series B2 round led exclusively by a Shenzhen state-owned capital fund. The capital will support product development, domestic market expansion, and overseas business initiatives. 36Kr
  • MicroCyto, a synthetic biology company, has raised nearly RMB 300 million (USD 42 million) in a new equity financing round. Investors include the Beijing New Materials Industry Investment Fund, the Beijing Pharmaceutical and Health Industry Investment Fund, CCB Investment, and Zhongguancun Development Group. The company plans to use the funding to accelerate R&D and deployment of large-scale bio-based products through methanol-based biomanufacturing. 36Kr

Pyxis, Quantified Energy, and Olea were among those who capped off 2025 with new deals:

  • Pyxis, a Singapore-based maritime electrification startup, raised SGD 13 million (USD 10 million) in the first close of its growth funding round, co-led by Shift4Good, Motion Ventures, Mitsui OSK Lines’ venture arm MOL Plus, and Seeds Capital, with green financing support from OCBC.
  • Quantified Energy, a deep tech company specializing in drone and solar inspection technologies, closed its Series A round at USD 6 million following new investments from ADB Ventures and Beacon Venture Capital, the corporate venture arm of Kasikornbank (KBank).
  • Olea Global, a Singapore-headquartered digital trade finance platform, raised USD 30 million in a Series A round led by BBVA, with participation from XDC Network, theDOCK, and existing investor SC Ventures, the venture arm of Standard Chartered Bank.

If there are any news or updates you’d like us to feature, get in touch with us at: [email protected].

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