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Deals in brief: Tim Draper invests in Ryder, Verta raises seed funding, Xendit acquires Payex, and more

Summary by KrASIA
Tim Draper leads seed investment in Ryder Ryder, a crypto technology company, has raised USD 3.2 million in seed funding led by Tim Draper, founder of Draper Associates and an early investor in Facebook, Tesla, and SpaceX. The round also saw participation from Anatoly Yakovenko, founder of Solana; Joe McCann of Asymmetric; and venture capital firms Borderless, Semantic, Smape, and VeryEarly. The funding will accelerate production and marketing f…
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KrASIA broke the news in on Friday, October 17, 2025.
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