Venture Capital

Jungle Ventures aims to help startups beyond unicorn status [interview]

Karissa Adelaide, Principal at Jungle Ventures, said to TNGlobal in an interview that the real prestige of a company after it hits a billion-dollar valuation is not which exit it takes, but whether its foundation is strong enough to further develop based on those outcomes

Indonesia’s digital competitiveness score rises to 42.2 in 2026 as Jakarta, West Java lead: East Ventures

Indonesia's digital competitiveness score rose to 42.2 in 2026, up from 38.8 in 2025, according to East Ventures's Digital Competitiveness Index 2026, marking a more than 50 percent increase in the average provincial score since 2020.

Vietnam plans $100M national venture capital fund, modelled on Israel’s Yozma program

Vietnam's Ministry of Science and Technology has proposed establishing a National Venture Capital Fund with an initial capital of $100 million for the 2026-2028 period.

Australia’s medtech Ovum raises $4M to build AI infrastructure for women

Ovum, an Australian women's health company founded by Ariella Heffernan-Marks, has raised $4 million in seed funding to address the gender health gap, tripling its valuation just one year after securing $1.7 million in a pre-seed round.

Antler showcases 28 startups across Asia building autonomous AI systems beyond copilots

Early-stage investor Antler has unveiled 28 startups from Korea, Japan, and Southeast Asia as part of its Asia Regional Portfolio Showcase, highlighting a shift from AI copilots and productivity tools toward autonomous systems capable of independently executing complex tasks.

Gobi Partners leads Khazanah-backed investment in Malaysia’s GreatAsic to build chip design capabilities

Gobi Partners has invested in GreatAsic through multiple funds, including Gobi Dana Impak Ventures, a fund backed by Khazanah Nasional Berhad through Dana Impak, as part of GreatAsic's recently closed $6.9 million Pre-Series A round led by Vertex Ventures Southeast Asia and India.

Foreign capital pushes Vietnamese startups to set up abroad, Vietnam risking tax, asset losses

An imbalance in capital sources, with foreign capital dominating Vietnam's startup market, is pushing startups toward establishing holding companies overseas to more easily receive funding, said Bui Thanh Do, Founder and CEO of ThinkZone Ventures.

Singapore-based Golden Gate Ventures opens Uzbekistan office, to help tech firms expand to region

Singapore-based Golden Gate Ventures has launched its Uzbekistan office, in a move to help technology companies in its Middle East - North Africa (MENA) portfolio expand to the country and the broader region.

Malaysia’s GreatAsic raises $6.9M to build custom AI chip design capabilities

Malaysia-based fabless custom chip design company GreatAsic has raised $6.9 million in a Pre-Series A round led by Vertex Ventures Southeast Asia & India, with participation from Ehsan Kapital and Gobi Partners.

Lotte Ventures Vietnam launches $80,000 open innovation program to connect startups with corporate ecosystem

LOTTE Ventures Vietnam has launched L-CAMP Vietnam 2026, an open innovation program offering up to $80,000 in proof-of-concept grant funding to connect high-potential Vietnamese startups with LOTTE's network of affiliates in Vietnam for pilot collaborations and long-term business partnerships.