Financial agreements announced: Smartpay partners with WYZauto for funding, Singapore Exchange-listed APS in process of acquiring Mobii Network, seven ventures in China also seeing investments, and additional deals are forthcoming

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In the bustling tech landscape of the Asia-Pacific region, numerous companies have recently secured significant funding to fuel their growth and innovation. Here's a roundup of some of the latest investments in the region:

Smartpay, a Japanese fintech company, raised USD 7 million in a pre-Series A funding round. This fintech firm specializes in buy now, pay later solutions and offers a digital in-store payments service, as well as a digital financing service for online purchases.

Apulis Technology, a Shenzhen-based AI technology firm, has secured an eight-figure RMB sum of strategic funding from Haier. Apulis Technology is a key player in the development of AI technologies, and this investment will undoubtedly bolster its efforts in this field.

WYZauto, a Thai online tire marketplace, secured USD 2.25 million in funding from Vynn Capital. The investment firm was the lead investor in this round, and WYZauto plans to use the funds to expand its operations, with Malaysia being the first destination in 2023.

Applied Protein Technology, a Shanghai-registered biotechnology company, has successfully raised a nine-figure RMB sum in a Series C round of financing. This significant investment will support the company's research and development efforts, aiming to advance the field of biotechnology.

TDHX, a Beijing-based developer of intelligent security solutions for industrial process control, has banked approximately RMB 800 million (USD 110.5 million) in a Series E funding round. This funding will enable TDHX to further develop its innovative security solutions and expand its market presence.

Fabanyun, a Beijing-based legal tech company, has completed an eight-figure RMB pre-Series A funding round. The funds will be used to enhance Fabanyun's legal services and expand its customer base.

Bwee, a Shanghai-registered provider of wireless lighting solutions, has bagged an eight-figure RMB sum in a pre-Series A funding round. This investment will support Bwee's research and development efforts, aiming to make wireless lighting solutions more accessible and efficient.

Nieta Art, a Shanghai-registered artificial intelligence technology company, has secured over RMB 10 million (USD 1.38 million) in angel and pre-Series A funding. The funding round was led by SMBC Venture Capital, and the funds will be used to further develop Nieta Art's AI technologies.

Wenda Group, a Sichuan-based company specializing in digital business solutions, has completed an angel round of financing, raising RMB 50 million (USD 6.9 million) from Zhongxin Ding. This investment will enable Wenda Group to expand its digital business solutions and services.

Proton New Energy Technology (Pro-Net), a wholly owned subsidiary of Malaysian automaker Proton, has secured MYR 200 million (USD 42.1 million) in funding from CIMB Bank. This funding will support Pro-Net's development of new energy vehicles and technologies.

Asia-Pacific Strategic Investments (APS) is acquiring Mobii Genius, a Taiwan-based sustainable data solutions provider, for USD 150 million. The acquisition is aimed at making Mobii's green technology more accessible to more regions, starting with Southeast Asia. The deal is expected to complete in the final quarter of 2024. APS plans to utilize Mobii Genius' proprietary green technology to drive sustainable growth and shareholder value.

This investment marks Vynn Capital's inaugural investment from its new mobility and supply chain fund. The acquisition also signifies a significant move towards a more sustainable future in the tech industry. As these companies continue to grow and innovate, the Asia-Pacific region will undoubtedly remain at the forefront of technological advancements.

Financial agreements announced: Smartpay partners with WYZauto for funding, Singapore Exchange-listed APS in process of acquiring Mobii Network, seven ventures in China also seeing investments, and additional deals are forthcoming