Tech Startups Secure Major Funding in Carbon Management, Sports Tech, and More
Tech startups have secured substantial funding recently. Avarni raised AUD 2.5 million for carbon management. AnotherBall and Neuralink have also made significant funding rounds.
AnotherBall, a sports tech company, raised USD 12.7 million in seed funding, bringing its total to USD 14.8 million. Meanwhile, Neuralink, Elon Musk's neurotechnology company, secured USD 43 million, increasing its previous tranche to USD 323 million.
In Australia, Earlywork secured AUD 1.5 million to expand its Earlywork Academy to Singapore. Soho, a property tech startup, secured AUD 750,000 in equity investment, valuing the company at USD 20 million.
In China, Inuchip raised over RMB 500 million (USD 70.7 million) in a Series A funding round. Safe Care completed a pre-Series A funding round, securing an eight-figure RMB sum led by Intudo Ventures with participation from Sinar Mas Digital Ventures, Mirova, and Meloy Fund.
These funding rounds indicate investor confidence in diverse tech sectors, from carbon management to neurotechnology and property tech. The involvement of prominent venture capital firms also signals the potential of these startups in the global market.