Venture funding across Asia hit $573.5 million this week, propelled by heavyweight rounds in artificial intelligence and deep technology. Chinese startups captured the largest share, while Indian and Japanese companies pulled in notable deals across healthcare, robotics, and digital media.
The surge reflects sustained investor appetite for AI infrastructure and generative media tools, sectors that have dominated Asian funding activity throughout 2026. As compute costs climb, chipmakers promising efficiency gains have become prime targets.
Beijing-based aSand.ai secured the week’s biggest round. The AI video generation startup raised $200 million in Series A+ financing co-led by CoStone Capital and Wangsu Science & Technology. The company builds generative video models and operates VidMutilize, a paid video creation platform. Fresh capital will accelerate development of its AI-powered video technology.
Meanwhile, Shenzhen chip developer Moffett AI closed a Series C+ worth nearly CN¥1 billion, approximately $137.5 million. Backers included Renai Capital, Haitang Fund, Dongheng Petroleum, Biqiu Capital, Paila Capital, and Zhongcai Capital. Moffett designs inference chips that leverage sparse computing to lower the cost of running AI models.
India’s EloElo Group rounded out the top three with an $80 million Series C led by Hornbill Capital and NBCUniversal. The entertainment technology firm plans to expand Story TV, its microdrama platform, invest in original programming, and bolster Dolphin AI, its artificial intelligence division.
Japanese startups also drew funding for retail robotics, medical technology, and digital entertainment ventures. As a result, the week’s activity underscores a broader regional shift toward capital-intensive AI infrastructure alongside consumer-facing digital platforms. Deal flow in the coming weeks will test whether this momentum holds beyond the heavyweight rounds.
