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Asian Startup Funding Roundup: DeepSeek, Supabase, DailyObjects and 7 Other Startups in Focus

11 Oct 2026 – The Asian startup ecosystem recorded another week of fundraising activity from October 4 to October 9, 2026, with companies across artificial intelligence, cybersecurity, consumer technology, deeptech, healthcare and clean energy attracting investor interest.

The week’s funding announcements highlighted a broad range of business priorities, from building infrastructure for AI-powered software to developing next-generation computing technologies and expanding consumer brands. Indian startups featured prominently, alongside companies from Japan, South Korea, Singapore and other markets.

Among the notable deals were DailyObjects’ ₹332 crore Series C round, Rein Security’s $25 million Series A funding and Helical Fusion’s ¥3.23 billion second close of its Series B round. Supabase also announced $150 million in new funding, while DeepSeek was reportedly exploring a potential capital raise ahead of a possible domestic IPO.

Here are the 10 startup funding developments to know from the week of October 4–9, 2026.

Top 10 Asian startup funding developments

1. DeepSeek reportedly explores a funding raise exceeding $11.9 billion

DeepSeek seeks outside funding at $10 billion valuation

Chinese artificial intelligence startup DeepSeek is reportedly seeking to raise more than $11.9 billion as it prepares for a possible domestic initial public offering, according to the supplied report.

The potential fundraising comes amid growing investor attention on AI companies developing models and technologies that support advanced computing and AI applications.

DeepSeek’s reported plans should be distinguished from a completed funding round: the amount represents a potential raise, not confirmed capital received.

2. Supabase raises $150 million to expand AI-focused database technology

Supabase hits $10.5B valuation after $500M funding round as vibe coding fuels explosive growth - Tech Startups

San Francisco-based developer platform company Supabase has secured $150 million in funding, led by Singapore’s GIC, with participation from CapitalG, IronArc and Square Peg.

The company plans to accelerate development of database infrastructure designed to support AI-powered coding tools and autonomous agents. Supabase also announced its acquisition of Turso, according to the supplied report.

The development reflects growing demand for infrastructure that enables developers to build, deploy and manage applications in an increasingly AI-driven software ecosystem.

3. DailyObjects raises ₹332 crore in Series C funding

DailyObjects raises ₹332 cr in Series C funding round - The HinduBusinessLine

Indian lifestyle-tech brand DailyObjects has raised ₹332 crore, approximately $34.4 million, in a Series C funding round led by Xponentia Capital Partners, Anicut Capital and Axiom Asia Private Capital.

The round includes primary and secondary transactions and values the company at approximately ₹1,050 crore.

The funding marks a significant milestone for the consumer brand as it continues to build its position in the lifestyle accessories market. DailyObjects has previously outlined plans to expand its offline retail presence and scale its business.

4. Rein Security raises $25 million for AI cybersecurity

Rein Security raises $25 million Series A as companies struggle to control their AI a | Ctech

Cybersecurity startup Rein Security has secured $25 million in Series A funding, co-led by Glilot Capital and Sienna Venture Capital. Corner Ventures, Atlacle and RNP Capital Advisors also participated.

The investment brings the company’s total funding to $35 million.

Founded in 2024, Rein Security develops technology to monitor and protect AI agents operating within enterprise systems. Its platform tracks agent activity and helps security teams identify suspicious behaviour and prevent potentially harmful actions.

The funding will support product development, research into agentic AI security and global team expansion as businesses increasingly deploy AI agents across sensitive workflows.

5. Helical Fusion raises ¥3.23 billion in Series B funding

Japanese fusion energy startup Helical Fusion has raised ¥3.23 billion, approximately $20.6 million, in the second close of its Series B funding round.

The company is developing a helical stellarator, a type of fusion reactor designed to support continuous power generation.

The fresh capital will help advance its Helix programme, including the Helix HARUKA demonstration reactor and the planned Helix KANATA power-generation system.

The investment highlights continuing efforts to develop alternative energy technologies that could contribute to long-term energy security and low-carbon power generation.

6. DeepX raises approximately $11 million for AI semiconductor development

South Korean fabless AI semiconductor startup DeepX has raised 14.7 billion Korean won, approximately $11 million, through a new share issuance.

Samsung Securities and SVIC 33rd, a venture investment fund managed by Samsung Venture Investment, backed the transaction.

DeepX focuses on AI semiconductor technology, an area gaining importance as demand increases for computing capabilities across intelligent devices and AI applications.

The funding provides additional capital for a segment of the technology industry focused on developing specialised chips for AI workloads.

7. Singapore’s OneByZero secures $20 million

Jungle Ventures leads SG AI startup OneByZero's $20m round

Singapore-based enterprise AI company OneByZero has raised $20 million in external funding, led by Jungle Ventures, according to the supplied report.

The company works with businesses on AI adoption and enterprise applications. The investment marks its first reported external funding round.

The deal underscores investor interest in companies helping organisations integrate AI into their operations, business processes and decision-making systems.

8. Lumio raises $12 million in Series A funding

Lumio Raises usd 12 Mn in Series A Funding

Indian consumer technology brand Lumio, operated by Circuit House Technologies, has raised $12 million in Series A funding.

The round was led by Blume Ventures, with existing investors Stellaris Venture Partners and 3one4 Capital also participating.

The investment adds to funding activity across India’s consumer technology sector, where brands are building differentiated product offerings and expanding distribution.

Further deployment details were not provided in the supplied report.

9. Celaid Therapeutics raises $3.08 million in Series B funding

Tokyo-based biotechnology company Celaid Therapeutics has raised $3.08 million in a Series B funding round, backed by Shionogi and Teikoku Ventures.

The company is working on paediatric haematopoietic stem cell (HSC) therapies. The funding is intended to support further progress in its therapeutic development efforts.

The investment illustrates continued capital allocation towards specialised biotechnology research, including treatments aimed at addressing complex medical needs.

10. Beyond Appliances raises ₹110 crore in Series B funding

Beyond Appliances Raises Rs 110 Crore in Series B Funding - FounderVox

Bengaluru-based smart kitchen appliance startup Beyond Appliances has secured ₹110 crore in Series B funding, led by Fireside Ventures, with participation from Dharana Capital and other investors.

The company operates in the smart kitchen appliance segment, where technology, product design and consumer convenience are important areas of differentiation.

The fresh capital is expected to support its next stage of business growth. The round also adds to the week’s activity in India’s consumer and lifestyle technology sectors.

India’s startup funding activity: $113.35 million raised during the week

Separate weekly data from Entrackr shows that 28 Indian startups raised a combined $113.35 million during the week, spanning growth-stage deals, early-stage investments and undisclosed rounds.

The funding total was down more than 72% from approximately $411.46 million raised by 24 startups in the previous week.

Total weekly funding

$113.35M

Startups funded

28

Growth-stage deals

3

$55.3 million raised

Early-stage deals

22

$58.05 million raised

Notable Indian deals beyond the top 10

The wider weekly funding roundup included several additional transactions:

  • Quanfluence: The photonic quantum technology startup raised $10 million from Chiratae Ventures and Rainmatter.

  • byteXL: The edtech company secured $9 million from Elevar Equity.

  • Sunfox Technologies: The medtech startup raised $7 million in Series A funding.

  • QpiAI: The quantum computing company secured ₹50 crore in debt funding from InnoVen Capital.

  • NeoGrowth: The MSME-focused lender secured ₹85 crore in investment from FMO and LeapFrog Investments.

  • Zomint: The wealth management startup raised $3.75 million in seed funding.

  • TailBlaze Longevity: The pet nutrition startup secured $300,000 in pre-seed funding.

The weekly report also recorded funding for startups including Kisah, Desible.ai, SuperMush and Gramiyaa, while TravClan, MoneyTruVa and Better Nutrition announced funding without disclosing the amounts.

Bengaluru leads startup deal activity

Bengaluru recorded 10 startup deals, leading Indian cities during the week. Delhi-NCR followed with six deals, while Mumbai recorded three.

E-commerce led sector activity with eight deals, followed by AI with five and healthtech with four. Seed-stage transactions were the most frequent, accounting for 13 deals, while pre-seed and Series A rounds recorded five deals each.

The figures point to continued breadth in India’s startup ecosystem even as total weekly funding fluctuates.

Other major business developments this week

Beyond funding rounds, the week of October 4–9, 2026, saw activity across acquisitions, new investment funds, executive appointments and technology partnerships.

Mergers and acquisitions

  • Marico and Plix: Marico acquired an additional 24.09% stake in Satiya Nutraceuticals, the parent of Plix, for ₹1,012.03 crore.

  • Hoola Health and UpTodd: Paediatric healthcare company Hoola Health acquired early-childhood development platform UpTodd.

New investment funds

  • NABVENTURES Fund II: Secured ₹450 crore in its first close towards a target corpus of ₹1,500 crore, focusing on agritech and rural innovation.

  • Recur Club: Announced a ₹500 crore fund intended to provide growth capital to 150–170 direct-to-consumer brands in FY27.

  • Naveli Ventures: Entrepreneur Navya Naveli Nanda launched the venture arm of the Nanda Family Office, targeting deeptech, AI, clean energy, space and healthcare startups.

Technology partnerships and expansion

Other notable developments included Flipkart’s expansion of warehouse capacity by 14 million cubic feet ahead of the festive season, PhonePe’s partnership with the Digital Publisher Content Grievances Council, and Pine Labs’ launch of a unified payments and customer engagement platform in Singapore.

Digital-first consumer brand Pluckk also entered the UK market, targeting further expansion across retail outlets and clean-label product categories.

What this week’s funding activity tells us

The October 4–9 funding window reflects several themes shaping the Asian startup landscape.

AI infrastructure and cybersecurity remain important investment areas. Supabase, Rein Security, DeepSeek and DeepX represent different parts of the AI value chain, from databases and autonomous agents to semiconductors and advanced models.

Consumer brands continue to attract growth capital. DailyObjects, Lumio and Beyond Appliances demonstrate investor interest in businesses developing differentiated products and expanding distribution.

Deeptech is broadening the investment conversation. Helical Fusion, DeepX and Celaid Therapeutics operate in technically demanding fields where product development can require substantial capital and longer development timelines.

India’s funding environment remains active but uneven. Although weekly funding declined sharply from the previous week, investments continued across consumer technology, fintech, healthcare, agritech and AI.

For founders, investors and operators, the takeaway is that funding is not flowing into a single category. Investors are backing a mix of near-term commercial opportunities and longer-term technology development.

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