Deals in brief: SynaXG raises over USD 20 million, CapitaLand acquires LXA Capital, new China investments, and more

Singapore-based SynaXG raises over USD 20 million in inaugural round

SynaXG Technologies, a deep tech company building wireless infrastructure for the artificial intelligence era, has raised over USD 20 million in its inaugural funding round. The round was jointly led by January Capital, Vertex Ventures, and Qualgro.

Founded by CEO Xin Huang, SynaXG develops AI-native software and physical infrastructure to support next-generation wireless networks. The company works with global partners, including chipmakers, network equipment providers, and telecom operators. According to SynaXG, demand is increasing as AI-powered applications such as robotics require real-time adaptability and stable connectivity.

The capital will help accelerate the company’s product development, expand its engineering teams, and deepen collaborations with operators and enterprise partners globally. SynaXG is also preparing for a Series A round to support upcoming commercial rollouts and broader adoption of AI-native radio access network systems across international markets.

CapitaLand acquires LXA Capital to scale residential mortgage business

LXA Capital, a residential mortgage investment company, has been acquired by CapitaLand Investment (CLI), marking a step in CLI’s effort to institutionalize residential mortgages as an asset class across Asia. The transaction terms were not disclosed.

In a statement shared on social media announcing the acquisition, LXA said joining CLI will allow it to pursue its strategy on a larger platform and create new synergies for investors.

Founded to build institutional-grade mortgage investment capabilities in the region, LXA added that the acquisition strengthens its ability to deliver value through expanded resources, broader market access, and integration with CLI’s global real assets ecosystem.

Recent deals completed in China: Roojai, Cove, Amperesand, and more made recent headlines:

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