Cambodia’s technology sector has taken a landmark step into ASEAN’s corporate-venture-capital (CVC) ecosystem with the launch of Canadia Impact Fund Co. (CIFC), a new investment fund backed by Canadia Group, a diversified conglomerate.

The firm said in a statement on Tuesday that the fund’s investment thesis focuses on early-stage pre-seed to Series A startups across education, healthcare, logistics, digital infrastructure, and renewable energy.

The fund’s debut investment supports Jalat Logistics, a fast-growing Cambodian last-mile-delivery startup transforming e-commerce logistics nationwide.

This strategic move, is positioning Canadia Group, among Southeast Asia’s diversified business groups, which formally structure venture investing, underscoring Cambodia’s evolution from an emerging economy towards an innovation-driven growth hub.

“This investment represents both financial and strategic backing for a new generation of Cambodian entrepreneurship,” said Thierry Tea, Chief Executive Officer of Canadia Impact Fund.

“Jalat Logistics exemplifies innovation, speed, agility, and strong execution,

“At CIFC, we aim to empower founders who will shape Cambodia’s next decade of digital and economic transformation,” he added.

The launch comes as Cambodia’s e-commerce, delivery, and digital services sectors continue to expand.

The late-2024 acquisition of Cambodia’s homegrown super-app Nham24 by Grab, Southeast Asia’s publicly listed unicorn, signaled a growing regional interest in Cambodia’s tech and mobility landscape, while the country’s logistics industry alone is projected to reach $1.4 billion by 2025.

It also coincides with major infrastructure developments supporting the logistics industry, including the opening of Phnom Penh’s new Techo International Airport, a $2 billion project by Overseas Cambodian Investment Corporation (OCIC), an affiliate member of Canadia Group, reflecting growing investor confidence in Cambodia’s long term outlook.

Canadia Group was founded in 1991 by diaspora entrepreneur Pung Kheav Se, becoming a major player in banking, real estate, infrastructure, schools, hospitals, retail and hotels.

The team behind the new venture is composed of Cambodians, French or Canadians, and is led by Co-Founder Thierry Tea, former CEO of Airbus Helicopters Philippines, who has backed startups in hybrid-electric mobility (Ascendance Flight Technologies, France), digital work infrastructure (GroWrk, USA), edtech (Dich Academy, Cambodia), and fintech platforms among his portfolio.

The founding team combines local financial experience with young dynamic talents, bringing together market insight, execution capabilities and international exposure to support founders beyond capital.

In addition, CIFC leverages affiliate networks with global technology partners, including Google, Apple, Huawei, Alibaba, Grab or Bolt, to enhance regional connectivity and increase international visibility for Cambodian founders.

Designed to bridge corporate expertise with entrepreneurial innovation, the fund seeks to unlock private capital and foster cross-sector synergies that strengthen Cambodia’s startup ecosystem.

CIFC actively collaborates with local ecosystem enablers including Satori Giants, Khmer Enterprise, 2080 Ventures, Mekong Strategic Capital, Techo Startup Center, and Axiata’s Smart Startup Space to expand mentorship, market access, and scale-up pathways for Cambodian startups.

“Collaborating with Canadia Impact Fund gives us the strategic foundation to scale further,

“With their support and network, we aim to set a new benchmark for reliability and customer trust in Cambodia’s logistics industry,” said Sethey Sou, Chief Executive Officer of Jalat Logistics.

Founded by three Cambodian entrepreneurs, Jalat Logistics has become one of the country’s fastest-growing logistics startups.

Since launch, it has completed over one million deliveries with a 98 percent success rate, serving over 6,500 merchants and processing more than $20 million in cash-on-delivery transactions—a reflection of Cambodia’s surging digital-commerce economy.

As of October 2025, Jalat’s revenue has increased by triple digits for the fourth consecutive year.

The startup previously raised seed investment from Satori Giants, which followed on, in this bridge round.

It is noted that Cambodia’s startup ecosystem continues to gain momentum through public-private partnerships and international collaboration.

The expansion of non-governmental organizations (NGOs) and government programs from the likes of Impact Hub, Seedstars, FirstWave’s Founders First initiative, the Ministry of Post and Telecommunications (MPTC)’s launch of Plug and Play or UNICEF’s Generation Future, have all contributed to fueling a growing and vibrant innovation landscape.

Simultaneously, over the last two years, Phnom Penh’s repurposed buildings such as Factory, Raintree, and recently Connexion Hub, which was inspired by France’s Station F, have emerged to become innovation hubs.

Connexion — a modern, Zen-inspired tech campus, is hosting startups in edtech, cybersecurity, blockchain, artificial intelligence (AI), robotics, fintech, e-commerce, sport and consulting, providing visibility to the country’s creative-tech rise in a fast growing Central Business District.

Within this environment, Canadia Impact Fund aims to pioneer the next wave of local capital powering local innovation, highlighting that Cambodia has the potential to rapidly evolve from a peripheral startup market to a regional hub where homegrown founders, domestic capital, and global investors can converge.

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