Venture Capital
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.
Malaysia’s 10 Cents Capital completes $20M financing, to begin fund rollout in Brazil
10 Cents Capital, a Malaysian investment holding company, has completed $20 million in financing and will deploy the funds in phases, starting in Brazil.
Uzbekistan’s Delever raises $380,000 for restaurant SaaS expansion
Uzbekistan-based restaurant software company Delever has raised $380,000 from AloqaVentures and Nexus Club for product development and market expansion.
Hong Kong fintech PhotonPay raises $40M Series C led by Blockchain Capital
Hong Kong fintech PhotonPay has raised $40 million in a Series C led by Blockchain Capital to expand stablecoin, payment and card infrastructure.
Singapore’s Stryv raises $11.5M Series B led by ACV Capital, to expand into Taiwan
Stryv, a Singapore personal care and home wellness company, has raised US$11.5 million in Series B funding led by ACV Capital, with participation from Openspace Capital and OCTAVE Capital, along with other investors.
Zero Industries raises $3M for satellite laser power network
Japan-linked space startup Zero Industries has raised $3 million in pre-seed funding to develop a laser-based power transmission network for satellites.
