Atome secures a USD 75 Million facility to expand BNPL in the Philippines

Atome is a buy-now, pay-later (BNPL) platform within Advance Intelligence Group. It has secured a USD $75 million asset backed financing facility with Lending Ark. The facility was advised by CITIC Securities CLSA Capital Partners.

This capital will be used to expand the company’s sustainable, risk-managed credit for consumers in the Philippines with the goal of advancing the financial inclusion. Lending Ark has invested more than USD 1 billion in Asia and previously backed Atome’s operations in Indonesia.

Coco Robotics raises 80 million USD to scale its autonomous delivery fleet.

Coco Robotics is an autonomous vehicle company that focuses on last-mile logistic. The capital will be used to improve the company’s artificial intelligence capabilities, expand its fleet, and strengthen partnerships with enterprise customers.

The round includes returning investors Sam and Max Altman as well as Pelion, Outlander, SNR, and SNR. Offline, DeepWater and Ryan Graves are also participating. Coco has completed more than 500,000 deliveries to cities such as Los Angeles, Chicago and Miami and has now launched operations in Helsinki. The company plans to deploy thousands vehicles worldwide this year.

Allay Therapeutics raised USD 57.5 Million in Series D Funding

Allay Therapeutics is a clinical-stage Biotech company that has raised USD 57.5 Million in Series D Funding to support ATX101 trials, its ultra-sustained, non-opioid, pain therapy for total joint replacement.

Lightstone Ventures, ClavystBio and NEA led the round, with support from EDBI, SGInnovate and other investors. HSBC Innovation Banking provided venture debt. Maruishi Pharmaceutical of Japan, which expanded its licensing deal with Allay to cover South Korea and Taiwan also participated in the round.

Voltavate raised AUD 850,000 for the development of next-generation battery components

Voltavate, a Melbourne-based startup in the battery technology sector, has raised AUD 850.000 (USD 552,170). The round was led by Artesian with support from Investible and Electrifi Ventures.

Sharewina supplier high-purity specialty gas for electronics, raised Series A+ financing worth eight-figure RMB. The round was led by Guoke New Energy Equity Investment, Fengyuan Capital with participation from October Capital and Wanxi State Owned Investment Holding Group. The funds will be used to expand R&D and grow the company’s team as well as supplement working capital. —36Kr

Digit, a Shenzhen robotics startuphas raised an eight-figure RMB amount in an angel-plus round led by Cowin Capital. The Juhao platform is used to power humanoid robotics for retail, cultural, and service use cases. The new funds will be used for R&D, product refinement and scaling delivery. Over 1,000 units are expected to ship by 2025. —36Kr

Ruifuda, a health-tech company that specializes in assisted reproduction consumables, raised an eight-figure RMB amount in a Series A funding round led CICC Capital. A fund associated with the Lianyungang Economic & Technological Development Zone was also involved. Proceeds will be used to support product development, capacity upgrades and team growth. —36Kr

Manifold Tech, a spatial-sensing tech startup in Shenzhen has raised seven-figure RMB in pre-Series A financing from Hony Capital. This follows earlier investments by ZhenFund, and Junsan Capital. The funds will be used to support the production and launch of Odin 1, a perception-memory robotics module from the company. Mass manufacturing is scheduled for July. —36Kr

SiliconFlow, a generative artificial intelligence company, raised a nine-figure RMB amount in a round led Alibaba Cloud. Sinovation Ventures and Puhua Capital also participated, as did China Growth Capital, MiraclePlus Ventures, Glory Ventures and Meituan. China Renaissance acted as the financial advisor. The capital will be used to hire, conduct R&D and expand internationally. —36Kr

Astronstone, a developer and manufacturer of reusable stainless-steel rockets, raised RMB 100 million through an angel plus round. Fibonacci VC was the lead investor in this round, followed by Huacang Capital with continued support from KylinHall Partners. The funds will be used for rocket R&D and test facility expansion. —36Kr

Eagle Cloudhas raised nearly RMB 100 millions in pre-Series B financing. HongShan led the round with continued support from Vision Plus Capital, QC Capital and HongShan. Voyagers Partners served as the financial advisor. The funds will be used to support the development of its AI powered secure office platform as well as fuel international market entry. —36Kr

HongShan led a pre-Series-A+ funding round forEnhanced Robotics, a robotics startup. The amount raised was in the eight-figure RMB range. Brizan Ventures and Peak Patience Capital Ventures are also investors, as well as Hu Yu, co-founder of iFlytek. The company specializes on lightweight robotic actuators and adaptive torque systems. —36Kr

Aqua Helpers,is a maker autonomous surface vessels. They have raised a eight-figure RMB amount in a Series A round of funding led by Old Fisherman Group’s Shanghai Fansheng Investment. The capital will be used for product development, team expansion and commercialization. —36Kr

Goal Tech, a precision-motor manufacturer, raised an eight-figure RMB amount in a Series A round of funding from SCGC. The funds will be used for scaling production and accelerating R&D within sectors such as automotive, robotics and semiconductors. —36Kr

Sanway Tech (), a developer of cross architecture cloud applications, raised RMB 100 million through a round of funding led by 37 Interactive Entertainment and Peakview Capital. Sanway will use this funding to invest in foundational technologies and expand its enterprise clientele across operating systems and chipets. —36Kr

Direct Drive Techis a robotics motor and actuator developer. It has closed its Series A and B+ rounds, bringing the total funding to nine-figure RMB. The rounds were led Beijing-based manufacturing funds, with Legend Star and other investor participation. Proceeds will support modular actuator production and new product iterations. They will also be used for industrial use cases. —36Kr

Syfe, a leading digital platform for wealth management,closed its Series C round of funding at USD 80 millions, including a Series C2 tranche of USD 53 million. The new investment was led by two UK family office, along with returning backers Unbound Ventures and Valar Ventures.

Bolttechan insurtech platform completed a USD147 million Series C financing round, bringing the valuation of USD 2.1 billion. Sumitomo Corporation of Japan and Iberis Capital of Portugal are among the new investors, joining Dragon Fund, Baillie Gifford and Generali’s Lion River.

Neuralink, the brain-computer interaction company founded by Elon Muskraised USD 650 millions in a Series E financing round. Investors include Ark Invest DFJ Growth Founders Fund G42 Human Capital Lightspeed QIA Sequoia Capital Thrive Capital Valor Equity Partners and Vy Capital. Please contact us at[email protected]with any news or updates that you would like to see featured.