Venture Capital

U Mobile, Cradle step up support for Malaysian startups in 5G-A, AI

U Mobile and Cradle Fund Sdn Bhd are strengthening their collaboration to help Malaysian startups develop and test 5G-Advanced (5G-A) and artificial intelligence (AI) solutions for real-world business applications, as demand for emerging technologies grows.

Sand.ai closes $200 million Series A+ for video AI

Chinese video-generation startup Sand.ai has completed a $200 million Series A+ round led by CoStone Capital and Wangsu Science & Technology.

Vietnam climate tech funding falls 52% in 2025, with mid-sized gap and talent shortage

Recorded climate tech funding in Vietnam fell 52 percent in 2025 to $49.86 million across 33 transactions, from $104.20 million across 60 transactions in 2024, according to the "Vietnam Climate Tech Ecosystem Report 2026."

Malaysia launches ASEAN startup digital centre at Cradle LIVE! Summit 2026

Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), through Cradle Fund Sdn Bhd, opened the Cradle LIVE! Summit 2026 in Kuala Lumpur on Wednesday (November 4).

Hong Kong startup funding slips to $94.1M in October 2026, down 77% from September

The Hong Kong Monthly Funding Tracker for October 2026 recorded a pullback in total capital deployment, reaching $94.09 million across 5 rounds.

Southeast Asia startup funding surges to $3.68B in October 2026, up 1,665% from September

The SEA Monthly Funding Tracker for October 2026 recorded a surge in total capital deployment, reaching $3,682.7 million across 13 rounds.

mamun raises $3M seed to finance Gulf-Asia trade from Muscat

mamun, a Sharia-compliant trade finance platform, has raised $3 million in a seed round led by Phaze Ventures through its Oman Fund, with participation from Jasoor Ventures.

Ondine Capital closes first round of Fund III with Taiwan chip firms as LPs

Ondine Capital has announced the first close of its third US dollar-denominated venture fund, with commitments from institutional and strategic limited partners, including several leading Taiwanese semiconductor companies.

Krungsri Finnovate invests in Thailand’s AI company Amity, series D funding exceeds $100M

Amity, a Thailand-based AI technology group, has announced a strategic investment from Finnoventure Private Equity Trust I, a fund managed by Krungsri Finnovate, the corporate venture capital arm of Krungsri.

Singapore’s Multipolitan raises $2M seed led by EmergentX, to build global mobility platform

Multipolitan, a Singapore-registered mobility technology company, has raised $2 million in a seed round at a pre-money valuation of $25 million.