Photo by Austin Distel via Unsplash

Singapore captures 94% of Southeast Asia tech funding in H1

Regional funding reached $9.55b as mega rounds outweighed fewer investment deals.

Singapore accounted for $8.90b (US$6.9b) of Southeast Asia’s (SEA) $9.55b (US$7.4b) tech funding in the first half (H1) of 2026, or 94%, according to Tracxn’s Southeast Asia Tech H1 2026 report, released on 3 July.

The city-state’s share rose from 91% in the second half of 2025 as regional capital concentrated in fewer, larger funding rounds led by infrastructure investments.

SEA tech companies raised $9.55b (US$7.4b) in H1 2026, up from $4.13b (US$3.2b) in H1 2025, whilst the number of funding rounds fell to 127 from 153 a year earlier.

“The region also saw 12 rounds of $129m (US$100m) or more, up sharply from just four in 2H 2025, showing growth driven by a handful of large deals,” the report said.

Enterprise infrastructure drove most of the capital flow, led by data centre development, with providers raising $5.80b (US$4.5b) across two rounds by DayOne, which also led the region’s funding total.

DayOne raised $2.58b (US$2.0b) in January and $3.23b (US$2.5b) in June, bringing its combined Series C funding to $5.80b (US$4.5b).

Other Singapore-headquartered companies also raised large funding rounds during the period. Supabase raised $645m (US$500m), whilst Airwallex raised $413m (US$320m) and PixVerse raised $387m (US$300m).

Enterprise infrastructure funding in SEA rose to $6.71b (US$5.2b) in H1 2026 from the previous half, driven by demand for data centre capacity and artificial intelligence infrastructure.

Enterprise applications funding rose to $2.58b (US$2.0b), whilst fintech funding fell to $884m (US$685m).

Late-stage funding rose to $7.74b (US$6.0b) from H2 2025, whilst early-stage funding stood at $1.29b (US$1.0b) and seed funding increased to $423m (US$328m).

Exit volumes declined. The region recorded 19 acquisitions and six IPOs in H1. 

The largest acquisition was ST Telemedia Global Data Centres, acquired for $6.71b (US$5.2b) by KKR and Singtel. MiniMax listed with a market capitalisation of $8.39b (US$6.5b).

Bangkok and Kuala Lumpur followed Singapore in city-level funding, with $150m (US$116m) and $134m (US$104m), respectively.

The Tracxn report covers equity funding, exits, and unicorn activity from 1 January to 30 June 2026.

(US$1 = SG$1.29)

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.