{"id":855419,"date":"2025-06-14T00:11:52","date_gmt":"2025-06-14T05:11:52","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/14\/deals-in-brief-dailyco-acquires-waku-to-grow-in-indonesia-neufast-raises-pre-series-a-funding-latest-china-investments-and-more\/"},"modified":"2025-06-14T00:11:52","modified_gmt":"2025-06-14T05:11:52","slug":"deals-in-brief-dailyco-acquires-waku-to-grow-in-indonesia-neufast-raises-pre-series-a-funding-latest-china-investments-and-more","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/14\/deals-in-brief-dailyco-acquires-waku-to-grow-in-indonesia-neufast-raises-pre-series-a-funding-latest-china-investments-and-more\/","title":{"rendered":"Deals in brief: DailyCo acquires Waku to grow in Indonesia, Neufast raises pre-Series A funding, latest China investments, and more"},"content":{"rendered":"

Bitcoins <\/p>\n

News<\/span><\/a><\/p>\n

Written by Sudo Lim<\/a>\u00a0Published on\u00a0

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DailyCo acquires Waku to boost institutional catering footprint in Indonesia<\/b><\/h3>\n

DailyCo, an Indonesian food and beverage operator, has acquired Wadah Kuliner (Waku), a company that provides institutional catering across 20 cities. Waku\u2019s business focuses on B2B meal solutions for corporate and government clients, including pantry services and event catering.<\/p>\n

As part of the deal, Waku\u2019s CEO Anthony Gunawan will become chief human resource officer at DailyCo. The acquisition allows DailyCo to deepen its presence in the institutional dining sector. Waku will remain a wholly owned subsidiary, with integration underway across kitchen operations, procurement, and enterprise sales.<\/p>\n

Neufast lands USD 1.1 million to scale \u201cbias-free\u201d hiring tech<\/b><\/h3>\n

Neufast, a Singapore-headquartered startup, has landed USD 1.1 million in a pre-Series A funding round led by Wavemaker Ventures, with additional capital from Wings Capital Ventures. The startup runs a platform that automates job interviews and language assessments to reduce hiring bias, and it\u2019s reportedly already in use across industries like insurance, healthcare, and government.<\/p>\n

The fresh funds will support Neufast\u2019s proprietary artificial intelligence development, team expansion, and further penetration into highly regulated industries.<\/p>\n

Co-Axis raises SGD 1.25 million to connect impact funders with climate and health ventures<\/b><\/h3>\n

Co-Axis, a digital marketplace for impact investments, has raised SGD 1.25 million (USD 966,130) in catalytic capital from the Richardson Family and Catalytic Capital for Climate and Health (C3H), a Temasek Trust initiative. The platform links funders to vetted climate and health ventures that align with the UN SDGs (sustainable development goals).<\/p>\n

Launched in April 2024, the funding will help Co-Axis speed up deployment of capital across Asia\u2019s emerging markets.<\/p>\n

Krenovator gets seed funding to tackle Southeast Asia\u2019s tech talent gap<\/b><\/h3>\n

Krenovator, a Malaysia-based tech talent platform, has closed an undisclosed seed funding round led by Singapore-Malaysia venture capital firm Ignite Asia. The capital will go toward platform enhancements, team growth, and market expansion across Southeast Asia.<\/p>\n

Founded in 2019, Krenovator matches tech professionals with enterprise clients in sectors including finance, logistics, and telecommunications. Its tools streamline sourcing, training, and placement\u2014addressing the region\u2019s tech talent shortage.<\/p>\n

\"bitcoins
Photo of Mahadhir Yunus (left) and Calvin Lim, the CEO and COO of Krenovator, respectively. Photo courtesy of the company.<\/figcaption><\/figure>\n

Xweave raises USD 3 million to build cross-border stablecoin rails<\/b><\/h3>\n

Xweave, a cross-border payment startup operating out of Singapore, has raised USD 3 million in seed funding to develop its non-custodial platform for stablecoin-based transactions. The investors include Jungle Ventures\u2019 First Cheque program, Lightshift, Temasek-backed Menyala, and others such as White Star Capital, Fabric Ventures, and DCG.<\/p>\n

Founded in 2024, Xweave enables real-time, compliant transfers using stablecoins across Asia and the Middle East. It plans to expand into markets like the UAE, Japan, and Indonesia, and deepen fintech integrations.<\/p>\n

Yarken raises new funds to expand IT spend management in North America<\/b><\/h3>\n

Yarken, an IT financial management platform for enterprises, has raised an undisclosed amount in a funding round led by 1982 Ventures, with participation from Maryville Consulting. The company will use the capital to scale in North America, bolster its AI features, and form new partnerships.<\/p>\n

Yarken\u2019s platform helps enterprises manage cloud and on-premises IT expenses, offering real-time analytics, forecasting, and compliance. The firm said its design reduces deployment and maintenance time by up to 50%.<\/p>\n

Manabie nets USD 23 million to grow hybrid education model in Asia<\/b><\/h3>\n

Manabie, a Singapore-based edtech startup, has raised USD 23 million in a Series B funding round led by JIC Venture Growth Investments, the investment arm of Japan Investment Corporation. Other backers include Mitsubishi UFJ Capital, Hulic Company, and founders from Japan\u2019s education sector.<\/p>\n

Manabie provides digital learning tools across Japan and Southeast Asia. The company will use the funding to enhance its platform, broaden regional reach, and build new institutional partnerships.<\/p>\n

AiSeed Tech banks USD 6 million to bring AI-powered drones to US and Europe<\/b><\/h3>\n

AiSeed Tech, which develops AI-driven navigation for drones, has banked USD 6 million in a pre-Series A round of financing, according to e27<\/i><\/a>. The round was co-led by Pegatron Corporation and SparkLabs Taiwan. The funds will support market entry in the US and Europe and enhance manufacturing and AI capabilities.<\/p>\n

AiSeed\u2019s system enables drones to navigate without GPS, making them suitable for defense, infrastructure inspections, and urban mobility. The tech has reportedly passed military-grade tests and secured procurement contracts. Monica Lee has been appointed COO to guide the company\u2019s global expansion.<\/p>\n

Recent deals completed in China:<\/b><\/h3>\n