Asia startup funding hits $1.2B in a week, led by FuriosaAI

Asian startups raised about $1.2 billion in equity and debt across 27 rounds in a week, with 16 of them in India. The largest was a $620 million Series D for South Korean AI chipmaker FuriosaAI at a $2.9 billion valuation, nearly four times its previous mark.

• FuriosaAI raised a $620M Series D at a $2.9B valuation
• The round was led by Infinitum Partners with Jericho and QUDA Capital
• 16 of the week's 27 rounds went to Indian startups
• Investor interest centered on AI and deep-tech companies