Investments
TNGlobal Tracker: Startup Funding Snapshot for February 2025
The Southeast Asia (SEA) Monthly Funding Tracker for February 2025 indicates that funding activity slowed during the month. Total funding amounted to $92.9 million across 18 rounds, marking a decline of 86.56 percent compared with January 2025 and a 69.03 percent decline from February 2024.
Malaysia’s SpaceTech startup SpaceIn secures investment from 1337 Ventures
With this investment, SpaceIn is set to accelerate its growth in 2025 by advancing its sensor modem and ground segment for the SpaceANT system, developed in partnership with the ITIC project.
Indonesia says Apple should soon be able to sell iPhone 16s – report
Apple will soon obtain a local content certificate, which is needed for sales of the handset to be permitted.
SoftBank, Temasek among eFishery investors facing near wipeout – report
None of eFishery’s PondTag sensors that were supposed to help remotely judge water quality and automate fish and shrimp feeders had been deployed. The limited data collection meant fish feed predictions were wrong almost half the time, the document said.
Indonesia launches sovereign wealth fund Danantara – report
The sovereign wealth fund is seen as the latest initiative by Prabowo to deliver on his ambitious economic growth target of 8 percent within his first term.
FinDev Canada opens first regional office in Singapore to support the Indo-Pacific
Canada’s bilateral Development Finance Institution, FinDev Canada, has announced the opening of its first regional office in Singapore to support clients and partners in the Indo-Pacific region.
Malaysia’s PE firm Creador closes Fund VI at $930 million, says Founder & CEO Brahmal Vasudevan
Since its inception, the firm has raised $3.1 billion from a diverse group of global investors, including prominent corporations, foundations, family offices, and institutions.
London-based GP Bullhound welcomes Shahril Hamdan as Head of Southeast Asia
GP Bullhound is a technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 13 offices spanning Europe, US and Asia.
Indonesia’s seaweed startup Banyu raises $1.25M seed round led by Intudo
With this round of financing, Banyu will establish a seedling cultivation laboratory and nursery and grow its farming and exporting operations.
Malaysia’s Vynn Capital to accelerate deployment in 2025
We talked to Victor Chua, Founding & Managing Partner at Vynn Capital to learn more about the Malaysia-headquartered venture capital firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year. Vynn Capital is a Southeast Asia-focused early stage venture…
