Funding agreements sealed: Buyandship, Peak3, and Amartha receive investments, Gensparks AI search startup backed by Lanchi Ventures, and further deals in China detailed, including seven investments.

In the dynamic world of technology, funding is the lifeblood that fuels innovation and growth. This week, several tech startups across Asia and beyond have announced significant funding rounds to support their expansion and development. Here's a roundup of the latest investments in the tech industry.

SPOE, a Shanghai-based developer of optoelectronic products, has completed its angel funding round, exclusively backed by China Fortune-Tech Capital. The funds will be used to further develop their products and potentially expand into new markets.

Amartha, a Jakarta-based microfinance fintech platform, has secured USD 17.5 million in equity investment from the Accion Digital Transformation Fund. The funds will help Amartha expand its platform, providing financial products and services to underserved women-led small businesses in rural Indonesia.

Buyandship, a cross-border e-commerce enabler based in Hong Kong, has raised USD 6 million in an extension to its Series B round. The company plans to use the funds to enhance the user journey in product search and purchase, expand into new markets in Southeast Asia, and further automate operations.

Grinergy, a South Korean startup specializing in lithium-titanate (LTO) batteries, has announced an investment agreement with an unnamed global investment group based in North America. However, the exact details of the investment, including the amount and the company's plans for expansion, remain undisclosed.

Zolwise, a Shanghai-based provider of minimally invasive surgical imaging equipment, has raised over RMB 100 million (USD 13.8 million) in Series B+ and B++ funding rounds. The round was co-led by STIC Ventures and LB Investment, with new investments from Korea Development Bank and Mirae Asset Securities, among others.

HPMicro, a high-performance microcontroller manufacturer, has completed a new funding round, raising nearly RMB 100 million. The details of the investment and the company's plans for the funds have not been disclosed.

Peak3 (formerly known as ZA Tech), a digital and cloud solutions provider for the insurance industry, has raised USD 35 million in a Series A funding round. The company plans to use the funds to accelerate its expansion in the EMEA region and invest in complementary data and AI solutions.

BioGeometry, a developer of generative artificial intelligence foundation models for protein design, has completed a new funding round. The round was led by Toyota's growth fund Woven Capital, with participation from Meritz Securities, Investwith, Industrial Bank of Korea, the Zer01ne platform under Hyundai Motor Group, Elohim Partners, and New Main Capital.

Genspark, an artificial intelligence search startup, has raised USD 60 million in an oversized seed funding round led by Singapore-based Lanchi Ventures. The round was also led by EQT and included participation from Alpha JWC Ventures.

ST Telemedia Global Data Centres (STT GDC) has received a USD 1.3 billion investment from a consortium led by KKR and Singtel. The funds will be used to support STT GDC's growth and expansion plans.

Betashares, an Australian financial services company, has entered into a binding agreement for Temasek, a global investment firm headquartered in Singapore, to invest up to AUD 300 million (USD 198.7 million). The funds will be used to support Betashares' growth and development.

ChainGen Bio (CGB) has completed a new funding round exclusively invested by the first phase of Zhangke Hemiao Fund. The details of the investment and the company's plans for the funds have not been disclosed.

Nota AI, a South Korean startup specializing in AI optimization and lightweighting technology, has raised USD 19.9 million in a Series C funding round. The details of the investment and the company's plans for the funds have not been disclosed.

LeeKr Technology, a Hangzhou-based intelligent chassis systems provider, has secured over RMB 1 billion (USD 138 million) in a Series C funding round. The details of the investment and the company's plans for the funds have not been disclosed.

Lastly, LD Carbon, a Seoul-based producer of recovered carbon black, has raised USD 28 million in a Series C funding round. The details of the investment and the company's plans for the funds have not been disclosed.

ArrowBiome, a biotechnology company based in Singapore, has announced a USD 1 million seed funding round, invested by early-stage venture capital firm Cocoon Capital. The funds will support ArrowBiome's research and development in microbiome-based therapies.

These funding rounds highlight the continued interest and investment in the tech sector, particularly in Asia. As these startups grow and innovate, they are poised to make significant contributions to their respective industries and economies.

Funding agreements sealed: Buyandship, Peak3, and Amartha receive investments, Gensparks AI search startup backed by Lanchi Ventures, and further deals in China detailed, including seven investments.