Deals in brief: Monit raises USD 2.5 million, GreenTeams and AI Hay land Series A rounds, latest China funding deals, and more

Monit raises USD 2.5 million to improve spend management for Indonesian businesses

Monit, a Jakarta-based spend management platform, has raised USD 2.5 million in a funding round led by Cento Ventures, with participation from Sansan. Existing investors 1982 Ventures and Init 6 also took part.

Founded in 2022, Monit offers a corporate card platform that integrates artificial intelligence-driven tools to streamline business spending, expense tracking, and financial control.

The capital will be used to enhance Monit’s product suite, particularly its predictive insights and automation features, and to grow its team. The company also plans to expand into other Southeast Asian markets.

GreenTeams secures Series A funding to scale climate tech in Indonesia

GreenTeams, a climate technology firm headquartered in Singapore with operations across Indonesia, has secured an undisclosed amount in a Series A funding round led by the Oriza Greenwillow Technology Fund.

The company builds real-time environmental monitoring systems for emissions and air quality to support regulatory compliance and industrial decarbonization.

Proceeds will be used to expand nationwide deployment, enhance AI-based forecasting tools, and strengthen integrations with ESG (environmental, social, and governance) data platforms.

GreenTeams is also preparing to launch an extended Series A round to bring in additional partners.

AI Hay raises USD 10 million to grow hyperlocal AI platform in Vietnam

AI Hay, a Vietnam-based AI startup, has raised USD 10 million in a Series A funding round led by Argor Capital, according to TechNode Global. Existing investors Square Peg, Northstar Ventures, AppWorks, and Phoenix Holdings also participated. The round brings the company’s total funding to more than USD 18 million.

Founded in 2024, AI Hay combines generative AI with curated local content and social features to deliver personalized knowledge tools for Vietnamese users. Its platform enables question-and-answer interactions supported by themed communities and interactive discovery feeds.

The new capital will support expansion into web-based experiences, continued product development in education and entertainment, and the growth of AI-powered digital companions.

Rebee lands seed funding to grow digital physiotherapy in Southeast Asia

Rebee, a health tech startup based in Singapore, has raised USD 1.18 million in seed funding to scale its digital physiotherapy solution. The round was backed by Paragon Ventures I, Seeds Capital, 1337 Capital 1, The LAB9, and C-shark SG.

The company provides a platform and wearable sensor system that delivers real-time feedback and personalized recovery plans for patients with musculoskeletal conditions. Rebee said its tools support safe, evidence-based physiotherapy at home, including for post-surgical, chronic, and acute care.

The funds will be used to advance product development, grow clinical partnerships in Singapore, Malaysia, and Australia, and expand its commercial team. A portion will also go toward research into patient outcomes and engagement.

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