Top 10 Asian Startup Funding Rounds: Barq, Tabby, Buildots, Dtcpay And More Raise Fresh Capital

September 20, 2026 | 4:50 PM IST
Asia

Asian startups continued to attract venture capital and institutional investment during the week of September 13–18, with companies across fintech, artificial intelligence, construction technology, procurement, recycling and workplace technology announcing new funding.

The week’s funding activity was led by Saudi Arabia’s Barq, which secured $329.5 million in Series A financing, followed by fintech company Tabby, which raised $233 million at a reported $6.5 billion valuation.

Other notable deals included Buildots’ $130 million round, Flam’s $40 million Series B and dtcpay’s $25 million Series A.

Here are 10 notable Asian startup funding rounds announced during the week.

1. Barq — $329.5 Million

Saudi Arabia-based digital payments company Barq raised $329.5 million in a Series A funding round.

The round included participation from Noon Investments, Sohar International Bank and M20 Fund.

The investment values Barq at approximately $1.85 billion, around two years after the company launched its services.

The funding is expected to support the company’s continued expansion in the digital payments market.

2. Tabby — $233 Million

Saudi Arabia-headquartered fintech company Tabby raised $233 million in Series F equity financing.

Existing investor Blue Pool Capital led the round, with participation from existing shareholders including HSG, Wellington Management and Arbor Ventures.

The transaction values Tabby at approximately $6.5 billion, highlighting the continued investor interest in fintech businesses serving the Middle East.

3. Buildots — $130 Million

Construction technology company Buildots secured $130 million in new funding in a round led by O.G. Venture Partners.

Investors including Lightspeed Venture Partners, Intel Capital, Mohari Ventures, Human Capital, Qumra Capital, Avigdor Willenz, Viola Growth and Poalim Equity also participated.

Buildots develops technology designed to support construction project management and execution.

4. Flam — $40 Million

AI-powered interactive content company Flam raised $40 million in Series B funding.

The round was led by QED Investors.

The company is focused on interactive content technology and plans to use its latest capital to support its next phase of growth.

5. BRKZ — $31 Million

Saudi Arabia-based BRKZ, a building-materials procurement platform, raised $31 million in new funding.

The capital is expected to support the company’s next stage of growth as it expands its technology-enabled procurement platform for the construction sector.

6. dtcpay — $25 Million

Singapore-based stablecoin payments company dtcpay raised $25 million in Series A funding, with SBI Group joining as a strategic investor.

The investment is expected to support product development, expansion of dtcpay’s merchant network and continued development of its stablecoin payment infrastructure.

The company is also working on an upgraded business portal for enterprise customers and additional consumer features.

7. Synapse Analytics — $13 Million

AI company Synapse Analytics raised $13 million in Series A funding, taking its total capital raised since inception to approximately $17 million.

The investment provides additional capital for the company’s growth as it develops AI-focused solutions.

8. ReFresh — $2.5 Million

ReFresh raised $2.5 million in seed funding in a round led by Black Nova Venture Capital.

Existing investors Antler and Archangel Ventures also participated.

The company is focused on helping employers identify, manage and document psychosocial risks in the workplace.

9. Enlight Metals — $1.5 Million

New Delhi-based metal procurement platform Enlight Metals raised $1.5 million from US-based investment firm Exar North Group at a reported valuation of $10 million.

The company plans to use the funding to expand its Agentic AI-powered procurement platform, strengthen its technology infrastructure, acquire customers and expand its procurement operations into additional markets.

10. Bekia — $765,000

Egyptian recycling technology startup Bekia raised $765,000 in seed funding.

The round was led by Madica, an Africa-focused investment programme affiliated with Flourish Ventures, with participation from existing investor Catalyst Fund and Dakar-based Jambaar Capital.

Bekia plans to use the funding to expand its recycling platform and launch Bekia Next, its first B2B software product. The company also plans to test its model in another African market.

What This Week’s Funding Activity Shows

The week’s funding announcements span several sectors, reflecting the breadth of startup investment across emerging Asian markets.

Fintech and digital payments accounted for some of the largest transactions, with Barq, Tabby and dtcpay collectively raising hundreds of millions of dollars.

At the same time, investors continued to back companies working on AI, construction technology, procurement, recycling and workplace technology.

The geographic spread is also notable, with funding activity involving startups and investors across Saudi Arabia, Singapore, India and Egypt, among other markets.

While funding sizes varied significantly, the deals demonstrate continued capital availability for companies that are building technology platforms around financial services, enterprise software, AI and industry-specific solutions.