**Deals in Brief: Recent Funding Highlights**

HungryPanda, a popular app for Asian food delivery, has secured USD 55 million in a refinancing and fundraising round led by Mars Growth Capital. This funding, supported by investors like Perwyn and Kinnevik, will help the company expand its operations in North America, targeting minority communities. Since its inception in 2017, HungryPanda has connected millions of users to over 100,000 merchants across 80 cities in 10 countries, achieving profitability and a 30% growth rate in 2024.

In the AI sector, TeamSolve has raised USD 2.5 million in seed funding, co-led by SGInnovate and Burnt Island Ventures. Founded in 2022, TeamSolve aims to bridge the talent gap in industrial sectors with its generative AI-powered copilot solution, which provides real-time insights and integrates with platforms like WhatsApp. CEO Mudasser Iqbal stated that the funds will enhance their capabilities and market presence.

SoftBank's Vision Fund has invested USD 500 million in OpenAI as part of a larger USD 6.5 billion convertible note raise, potentially elevating OpenAI's valuation to USD 150 billion. This investment aligns with OpenAI's plans to restructure its corporate framework, including removing its profit cap to attract more investors, highlighting the company's significant impact on the AI landscape.

Kasco, specializing in automotive suspension technology, has raised RMB 450 million (USD 63 million) in a Series D1 funding round, co-led by a GAC-managed fund and BOC Asset Investment. This funding will support production expansion and product development, as Kasco aims to strengthen its position in China's growing new energy vehicle market, where it currently holds a 40.3% market share.

Indonesian fintech company Pallav has secured an undisclosed amount of seed funding from investors including M Venture Partners and Kadan Capital. Pallav's goal is to modernize Indonesia's financial institutions with a digital credit operating system designed to optimize loan recovery and improve efficiency, particularly for high-risk customers.

Lastly, Supermom, a parenting platform, has reportedly raised at least SGD 18 million (USD 14 million) in its latest funding round, led by Granite Asia. This capital will facilitate Supermom's expansion across Southeast Asia, catering to the needs of a growing parent user base.

These funding rounds reflect a vibrant investment landscape across various sectors, including food delivery, AI, automotive technology, fintech, and parenting platforms.