Deals in brief: Stryv raises Series B funding, Tin Men Capital backs Singapore-based Ailytics, Anthropic files for proposed IPO, and more

Stryv raises USD 11.5 million in Series B funding

Stryv, a personal care and home wellness brand owned by Evo Commerce, has raised USD 11.5 million in a Series B funding round led by ACV Capital, with participation from Openspace Capital, Octave Capital, and other undisclosed investors.

The company will use the funds to enter the Taiwan market, strengthen its presence in Malaysia and Hong Kong, and expand its product portfolio through R&D and acquisitions.

Stryv, which sells hair dryers, styling tools, shavers, and other personal care products, has been expanding into home appliances. In March, it acquired Singapore-based Sterra, gaining access to its customer base and expertise in home wellness products.

Following the acquisition, Stryv launched its Oasis massage chair and Halo air purifier in September. It expects to complete the remaining stages of Sterra’s brand integration over the coming months.

Stryv also plans to acquire brands with complementary products and established market positions to support its expansion across the Asia Pacific.

Ailytics secures USD 7.4 million in Series A funding

Ailytics, a Singapore-based artificial intelligence startup, has raised USD 7.4 million in a Series A round led by Tin Men Capital. Seeds Capital, part of SG Growth Capital, and Japan’s Safie participated alongside a major Japanese construction company, family offices, and returning investors.

The round follows a USD 2.7 million pre-Series A investment led by Tin Men Capital in April 2024. Ailytics develops computer vision software that analyzes footage from existing industrial CCTV systems to identify safety risks, monitor compliance, and improve operational efficiency.

In a statement, Ailytics said it will use the funding to expand into the US, Japan, Australia, and the Gulf, targeting industries including manufacturing, logistics, oil and gas, maritime, and mining. It also plans to develop specialized AI models for industrial applications.

The investment from Safie follows a memorandum of understanding signed between the two companies in April earlier this year and is expected to support Ailytics’ expansion into Japan.

Genie Health raises USD 3 million in seed funding

Genie Health, a Singapore-based health technology company, has raised USD 3 million in seed funding led by the Nadathur Family Office. Liminal, a venture building studio backed by Temasek, participated alongside two individual healthcare investors.

The company is developing a health intelligence platform designed to help individuals understand fragmented medical information while supporting healthcare providers with patient engagement and care management.

Its consumer-facing Genie app consolidates health records, laboratory reports, wearable data, and other information into a digital repository called Health Locker. The platform uses AI to generate personalized insights and help users interpret their health information.

For healthcare providers, Genie SmartCare uses AI agents to manage patient engagement, appointment scheduling, and follow-ups. It also combines historical health records and wearable data to give care teams a more comprehensive view of individual patients.

The funding will support AI development, wider adoption of Genie SmartCare among clinics, and expansion of the company’s product, engineering, and healthcare teams in Singapore. Anand Nadathur, principal of the Nadathur Family Office, will join Genie Health’s board.

Zero Industries raises USD 3 million in pre-seed funding

Zero Industries, a space technology startup with operations in Japan, has raised USD 3 million in pre-seed funding led by Maezawa Fund. UntroD Capital Japan, NOW, Midtown, and individual investors also participated.

Founded in March this year, the company is developing space-based power infrastructure, beginning with Helios, a proposed service that would use lasers to transmit electricity between satellites.

The system comprises three components: Helios Beam, which would generate solar power in orbit and transmit it using lasers; Helios Cell, a receiving module installed on customers’ satellites; and Helios Grid, a platform designed to coordinate power transmission and monitor electricity delivery.

The technology is intended to reduce satellites’ reliance on onboard solar panels and batteries, potentially freeing up spacecraft capacity for observation equipment, computing, and propulsion systems.

Zero Industries plans to conduct ground-based demonstrations through spring 2027, including kilometer-scale laser transmission tests. It aims to demonstrate power transmission between satellites in 2030, followed by commercial deployment. The company is also conducting joint research with Japan’s Graduate School for the Creation of New Photonics Industries to validate the technology.

Indonesia’s BBP secures investment from Circulate Capital

Bumi Baru Plastik (BBP), an Indonesian plastics recycling company, has secured an investment from Circulate Capital to expand its industrial recycling operations. The investment amount was not disclosed.

The transaction, made through BBP’s Singapore-based holding company, New Earth Plastic, marks Circulate Capital’s sixth investment in Indonesia.

Founded in 2022, BBP recycles polypropylene and polyethylene from post-consumer and industrial waste, including discarded automotive components, packaging, and manufacturing scrap. It processes the recovered plastics into compounds designed to meet the technical requirements of automotive, electronics, and industrial manufacturers.

The new capital will support a fivefold increase in processing capacity over the next two years and the consolidation of operations at its Jonggol facility in West Java. BBP also plans to improve wastewater treatment, establish downstream manufacturing lines, and expand its domestic waste collection network.

Anthropic files for proposed US IPO

Anthropic, the AI company behind Claude, has filed a registration statement with the US Securities and Exchange Commission (SEC) for a proposed IPO of its Class A common stock.

In an October 26 announcement, Anthropic said it intends to list its shares on the Nasdaq Global Select Market under the proposed ticker symbol ANT.

The company has yet to determine the number of shares to be offered or the proposed price range. Goldman Sachs and Morgan Stanley were named as institutions from which prospective investors can obtain the preliminary prospectus when it becomes available.

Openspace leads Omnichat’s USD 10 million Series A round

Omnichat, a Hong Kong-based marketing and customer engagement platform, has raised USD 10 million in a Series A round led by Openspace Capital, with participation from Darwin Ventures and Acorn Pacific Ventures.

The company plans to use the funds to develop its AI agent platform, expand R&D, and accelerate its growth beyond existing markets in Asia Pacific.

Omnichat uses AI agents to help clients automate marketing, sales, and customer service tasks, including campaign creation, product recommendations, order processing, and responses to customer inquiries.

Omnichat’s platform integrates customer interactions across messaging channels including WhatsApp, Line, Facebook Messenger, Instagram, WeChat, KakaoTalk, and TikTok. It also tracks links between customer conversations and sales, including purchases made in physical stores.

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Note: RMB figures are converted to USD at rates of RMB 6.68 = USD 1 based on estimates as of October 27, 2026, unless otherwise stated. USD conversions are approximate and, where appropriate, rounded for ease of reference. They may not fully match prevailing exchange rates.

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