Atome Secures USD 100M Debt Facility for Expansion; Tech & Biotech Firms Raise Funds
Atome, a buy now, pay later service, has secured a significant debt facility to fuel its expansion into new markets. Meanwhile, several tech and biotech companies have raised substantial funds to support their growth and innovation.
Atome has renewed and expanded its USD 100 million debt facility with HSBC Singapore, with the aim of supporting its entry into the Philippines and other key markets. The facility will enable Atome to launch new consumer financing products, catering to unbanked and underbanked consumers.
In funding news, Zeron, a new energy vehicle company, has raised RMB 140 million in a pre-Series A round. SENSER, an online fashion platform, has completed its Series B+ funding round, backed by Xiaohongshu. Aegis, a Web3 security company, has raised a seven-figure USD sum in a seed funding round. The Fitell Corporation has provided a financing facility of up to 100 million US dollars, alongside HSBC Singapore, to support the launch of its Solana-based digital asset treasury strategy in Australia.
On the biotech front, Protoga, a synthetic biology company, has secured nearly RMB 100 million in a Series A funding round. Carerz, a pet product company, has raised an eight-figure RMB sum in a Series A round. Gongmo, a semiconductor technology company, has also raised nearly RMB 100 million in a Series A round.
These funding rounds and debt facilities signal a vote of confidence in the growth potential of these companies. Atome's expansion into new markets, along with the innovative work of Zeron, SENSER, Aegis, Protoga, Carerz, and Gongmo, is set to drive progress in their respective sectors.
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