Editor’s notes: graphics, data & information provided by data platform Tracxn
The SEA Monthly Funding Tracker for August 2025 highlighted a steep decline in funding across the region. Total funding in August stood at $84.1 million across 22 rounds, reflecting a 76.44 percent drop from July 2025 ($357 million) and a 65.04 percent fall year-on-year compared to August 2024 ($240.6 million).
Early-Stage Rounds Dominate in August 2025
Early-stage funding dominated in August 2025 with 85.1 percent of total funding, followed by 14.9 percent in seed-stage rounds. No late-stage funding was recorded for August 2025, marking a continuation of investor preference towards earlier stage startups.
IPOs and Acquisitions:
August 2025 recorded three acquisitions and two tech IPOs.
Acquisitions: ViSense was acquired by Rezolve (Aug 27), JERA Cloud was acquired by LINE MAN Wongnai (Aug 28), and Maju was acquired by Omni HR (Aug 4).
IPOs: Nusatrip and The GrowHub went public during the month.
Top Funding Deals in July 2025
The largest disclosed deal was Pintarnya (Jakarta, Indonesia) raising $16.7 million, followed by OY! (Jakarta) with $15 million and Graas (Singapore) at $9 million.
Other notable deals include Topview.ai ($8.5 million), Nibertex ($7 million), and ZUZU ($5.9 million).
City-Wise Trends
Singapore topped with $41.0M raised in August 2025, followed by Jakarta at $35.7 million and Kuala Lumpur at $7.4 million.
Key Investors and Types of Funding
Venture Capital Funds: Square Peg Ventures backed Pintarnya (Indonesia, 1 deal) with $16.7 million, Tin Men funded Graas (Singapore, 1 deal) with $9 million, and TNB Aura involved in 1 deal and funded Nibertex with $7 million.
Incubators: Cradle indulged in two deals, investing in Kuala Lumpur based Naluri ($5 million) and Evenesis. 500 Global invested Naluri ($5 million) and Techstars invested $400,000 in Singapore-based LambdAI Space.
Key Takeaways from the Data
1. Funding slump: Investments fell over 76 percent MoM and 65 percent YoY, signaling a cautious investor climate.
2. Early-stage deals made up the overwhelming majority of funding, with no late-stage rounds recorded.
3. IPO activity revived: Nusatrip and The GrowHub going public indicates renewed exit opportunities.
4. City-level strength: Singapore and Jakarta remain the leading startup ecosystems in the SEA region by capital raised.
TNGlobal Tracker: Southeast Asia Monthly Funding Snapshot – July 2025