Investments

Neocrete, a New Zealand company that develops technology to cut the carbon and cost of concrete, has raised $3.5 million in a funding round led by returning investor Wavemaker Ventures, with participation from Icehouse Ventures and new investor Catalytic Capital for Climate and Health, a vehicle backed by Temasek Trust.

Databricks has closed a $5 billion strategic funding round at a $190 billion valuation after reporting more than 80 percent year-on-year growth and a $7 billion revenue run-rate.

Taiwan’s semiconductor firm Powertech Technology will invest $400 million to secure a 30 percent equity stake in a joint venture with US semiconductor company Broadcom.

Cradle Fund, the Malaysian government's focal point agency for startup ecosystem development under the Ministry of Science, Technology and Innovation (MOSTI), has opened registration for the Cradle LIVE! Summit 2026.

Following a multi-year funding winter, Vietnam’s tech ecosystem is undergoing a flight to quality, driven by high talent density, disciplined unit economics, and a "Vietnam+" playbook where startups leverage local engineering talent to build for global markets. According to Vietnam-based venture capital firm Ascend Vietnam Ventures (AVV), early-stage…

Following a total of $26 million-Series C funding round—backed by investors including sovereign wealth funds Khazanah Nasional and Japan’s Cool Japan Fund— Malaysia-based insurtech firm PolicyStreet is doubling down on its Asian expansion, leveraging its newly achieved profitability to scale embedded insurance across digital platforms.

Egypt-based Fincart, a shipping platform, has closed an oversubscribed $2.8 million seed funding round co-led by Launch Africa and Antler MENAP, with participation from Yango Ventures, Five35 Ventures, Bluestream Capital, Hi2 Global, Kalahari Venture Labs, and other MENA and Africa-focused investors.

Singapore-based Ropedia, a data infrastructure company for physical AI and robotics, has raised $22 million in a Pre-Series A round, bringing its total funding to $30 million.

Vietnam should speed up the update of its regulatory sandbox framework for financial technology (fintech) sector as the country has established international financial centers in Ho Chi Minh City and Danang and pursues a double-digit economic growth target.

Thailand received $43.6 billion in foreign and domestic investment applications across 1,299 projects in the first half of 2026, a 37 percent increase year-on-year, with digital infrastructure and AI data centers accounting for the bulk of inflows.