Asia-Pacific Climate Tech Funding Roundup: June 2025

July 10, 2025

June's funding activities revealed key underlying trends, from battery-swap hubs to seawater electrolysers and blended-finance platforms:

  • India and China remain the EV laboratory, but the action is shifting upstream. Battery‑swap hubs (Battery Smart), BMS and power electronics (Vecmocon), specialised financing (Stride Green), critical‑metal recycling (Botree) and autonomous electric haulage (Boonray, EACON) all won cheques. Instead of competing at the crowded vehicle layer, founders are building picks‑and‑shovels that de‑risk raw‑material supply, extend battery life and lower total cost of ownership.
  • “Fin-infra” is arriving to unlock capex: Three separate seed/pre-Series A rounds backed platforms that finance assets or carbon projects rather than build them: Stride Green is leasing EVs and renewables, Lana is structuring blended-finance portfolios for decarbonisation, and Termina is aggregating SME renewable demand while tracking carbon data.
  • Early-stage hard tech keeps its magnetism: Despite macro jitters, investors wrote pre-seed cheques for Voltavate’s nanofibre battery separators and 10Ants’ low-carbon SME hubs, and a seed cheque for pHydrogen’s seawater electrolysers. Deep-tech prototypes that promise step-change cost or safety advantages are still clearing the bar, even when the ticket is small.
  • Cross-border expansion is baked into Series A agendas: Amber Electric is eyeing the UK/EU, Termina the UK and New Zealand, and Halter both Australia and the US. APAC founders aren’t waiting to saturate their home markets before planting flags abroad.

Energy

🇦🇺 Amber Electric, automating home batteries and EVs to arbitrage real-time wholesale power, raised A $ 45 m in a growth round led by ETF Partners with Square Peg, Gentrack, Rubio Impact Ventures and Breakthrough Victoria, to expand into the UK/EU and build V2G capability.

🇦🇺 Voltavate, developing nanofibre separators that boost Li-ion safety and energy density, raised A $ 850 k in pre-seed funding from Artesian, Investible, Electrifi Ventures and angels, to scale R&D and pilot production.

🇮🇩 Xurya Daya, renting zero-capex rooftop-solar systems for C&I sites, secured US $ 21.4 m in a green loan from UOB Indonesia, to finance up to 130 MWp of new installations.

🇸🇬 Clean Kinetics, building distributed PV and EV-charging assets across Southeast Asia, raised S $ 4.3 m (~ US $ 3.3 m) in a Series A from family-office investors, to grow its project pipeline to 1.2 GW.

🇯🇵 pHydrogen, building low-cost seawater-electrolysis systems for green hydrogen, raised ¥300 m (~US $ 2.1 m) in a seed round from Incubate Fund, to scale lab prototypes, run field pilots, and hire process engineers.

Built Environment

🇹🇭 10Ants Enterprise, turning idle shophouses and warehouses into low-carbon SME hubs, raised US $ 500 k in pre-seed funding from Wavemaker Impact, to pilot its first three sites in Bangkok.

Carbon & Climate-Management Finance

🇮🇳 Stride Green, financing EV and renewable assets, raised US $ 3.5 m seed led by Micelio Technology Fund with Incubate Fund Asia, to scale its leasing portfolio and AI risk engine.

🇯🇵 Archeda, using satellite AI to MRV nature-based carbon credits, secured an undisclosed strategic cheque from Mitsubishi Electric’s ME Innovation Fund, to enhance analytics and enter SE Asia.

🇸🇬 Lana, a blended-finance platform funding corporate decarbonisation, raised an undisclosed seed round from Liminal and Twynam Investments, to launch its first project portfolio.

🇦🇺 Termina, enabling SMEs to bulk-buy renewables and track energy & carbon data, raised A $ 3 m in a pre-Series A led by EVP Fund IV with Archangel Ventures and Skalata, to expand into new markets (UK, NZ) and deepen its emissions-reporting platform.

Food & Land Use

🇳🇿 Halter, making solar-powered smart collars that virtually fence cattle, raised US $ 100 m in a Series D led by BOND with NewView Capital, Bessemer VP and others, to double NZ deployment and enter Australia/the US.

🇮🇳 Pehle Jaisa, converting village waste into organic fertilisers, raised US $ 300 k in a pre-Series A co-led by Pantnagar Capital and Climate Angels, to roll out 50 decentralised units.

Industry & Circular Economy

🇲🇾 3cat, refurbishing and reselling electronics to cut e-waste, raised an undisclosed pre-Series A from The Radical Fund, AEON and Iterative, to expand across Malaysia and Singapore.

🇨🇳 Botree Recycling, recovering critical metals from spent Li-ion batteries, secured an undisclosed Series B extension led by Taiping Sci-Tech Innovation Fund, to build new hydrometallurgical facilities.

Transportation & Mobility

🇮🇳 Oben Electric, manufacturing all-electric motorcycles, raised US $ 5.8 m in a Series A extension from Helios Holdings, Sharda and Kay family offices, to ramp production and open 150 showrooms.

🇨🇳 Boonray, building autonomous battery-electric haul trucks for mines, raised a nine-figure RMB Series B2 from Waterwood, JZ Capital and Daocin Capital, to scale pilot fleets.

🇨🇳 Aerospace Electric Propulsion Tech, developing electric powertrains for small aircraft/drones, raised an eight-figure RMB Series A1 from Xunshang VC, Shanshan and Beihang Investment, to complete flight tests.

🇮🇳 Battery Smart, running 1 500+ battery-swap stations for two- & three-wheel EVs, raised US $ 21 m in a Series B-1 led by Rising Tide Energy with responsAbility, EIF and Acacia Inclusion, to enter 20 new cities.

🇮🇳 Evera Cabs, scaling an all-electric taxi fleet from Delhi airport, secured US $ 4 m in convertible debt from Mufin Green Finance, to add 1 000 EVs and fast-charging hubs.

🇨🇳 EACON Mining Technology, supplying driver-less electric haulage systems, raised US $ 55.8 m in a Series D led by CATL Capital with FG Venture and Falcon Capital, to scale overseas deployments.

🇮🇳 Vecmocon Technologies, providing BMS and power electronics for EV OEMs, raised US $ 18 m in a Series A led by Ecosystem Integrity Fund with Aavishkaar Capital, BII and Blume Ventures, to expand manufacturing and R&D.

🇮🇳 Kazam, offering software-defined EV-charging infrastructure, raised US $ 6.2 m in a Series B from IFC, Vertex Ventures and Avaana Capital, to deploy 50 000 new smart chargers.

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