Investments

Soh brings two decades of investments, venture building and operating experience, built largely in Malaysia and across Southeast Asia.

Thailand has approved its first national semiconductor strategy, targeting about $80 billion in cumulative investment and more than 230,000 jobs by 2050.

Singapore-headquartered payment intelligence firm iPiD has raised $16 million in a Series A led by Foundation Capital, with Citi and HSBC participating.

Mynt, the parent of GCash, has secured commitments from more than 20 global and Philippine cornerstone investors for its planned IPO, with final pricing expected October 1.

Indian electric motorcycle maker Ultraviolette has raised $85 million led by Yali Capital and TDK Ventures to expand manufacturing, develop new EV platforms and grow internationally.

Thailand-focused private equity firm Lakeshore Capital has closed its third flagship fund at a $305 million hard cap for growth and buyout investments across Thailand and the Greater Mekong region.

Mayo Clinic Laboratories has invested in Singapore-based Pathology Asia Holdings and LifeStrands Genomics to expand advanced diagnostics and precision medicine across Asia Pacific.

Malaysia-based pre-owned electronics platform 3cat has raised a $4 million Series A led by Foxmont Capital Partners, with participation from the Asian Development Bank and Golden Gate Ventures, as it prepares to enter the Philippines.

Singapore semiconductor startup Nexstrom has raised a $12 million seed round led by Xora Innovation to commercialize a wafer-scale platform for single-crystal 2D semiconductor materials.

SoftBank has launched an $11 billion-equivalent bond sale to finance its next $10 billion OpenAI investment tranche and refinance bridge borrowing.