Venture Capital

Southeast Asian startups total funding surges 110 percent year on year to $2.8B in Q1 – Tracxn

Southeast Asian startups raised a total of $2.8 billion in the first quarter of 2026, a surge of 146 percent compared to $1.1 billion raised in the fourth quarter of 2025, and a jump of 110 percent compared to $1.3 billion raised in the first quarter of 2025, Tracxn said Wednesday.

Indonesia’s supply chain growth platform Baskit raises $4.4M Series A to expand Southeast Asia operations

Indonesia-based Baskit, a technology and financial services platform focused on digitizing offline distribution networks in Southeast Asia, has secured $4.4 million in a Series A funding round.

Vertex appoints Temasek’s CEO Dilhan Pillay Sandrasegara as Chairman

Singapore-based venture capital firm Vertex Holdings has announced the appointment of Dilhan Pillay Sandrasegara, Executive Director and Chief Executive Officer of Temasek Holdings, as Chairman of the Board with effect from April 15.

OSK Ventures International exits from Alternatives.pe via strategic acquisition by Uzabase

Malaysia-based venture capital firm OSK Ventures International Berhad (OSKVI) has successfully exited its investment in Alternatives.pe through its fund OSK Ventures ET Fund II Ltd.P. (OSKVETF2), following the acquisition of Alternatives.pe by Japan-listed business intelligence firm Uzabase, Inc.

Temasek-backed AI venture firm Xora Innovation appoints Eric Rosenblum as General Partner

Xora Innovation, an early-stage AI and deep tech venture firm backed by Singaporean state-owned investment firm Temasek, has appointed Eric Rosenblum as General Partner.

Singapore AI startup OnSite raises $1.3M to solve construction inefficiencies

OnSite, a Singapore-based startup developing an AI-powered communication platform for the construction and facilities management industry, has raised S$1.7 million ($1.3 million) in a seed funding round.

Thailand’s Nightify raises $500,000 to expand nightlife experiences

Nightify, a Thailand-based platform focused on discovering, booking, and managing nightlife experiences, has raised a total of US$500,000 in seed funding, in a round led by A2D Ventures and other angel investors across the hospitality, retail, and consumer sectors.

Ho Chi Minh City, Vietnam, city, skyscrapers

Lotte Ventures Vietnam: State fund expected to boost private venture capital sector in Vietnam

Vietnam's establishment of state funds for venture capital, such as Hanoi with a VND600-billion ($22.8 million) venture capital fund and Ho Chi Minh City with a VND500-billion, can help boost private venture capital in Vietnam, according to experts.

University of Hong Kong, Asia-focused Gobi Partners launch joint fund to support startups, innovations

The University of Hong Kong (HKU) and Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, have announced the first close of a joint investment initiative, the Gobi–HKU Fund I, during a ceremony marking its launch and initial investments.

Malaysia-based Gobi Partners seeks to join Vietnam’s $19M VC initiative

Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, seeks to invest in Vietnam, including the country's national VC fund.