Thailand's AI Bet. Singapore's $25M Mobility Startup.

🗞️ This Week’s Southeast Asian Startup & VC Updates

• Parallel Loop, a Singapore-based AI operating partner platform enabling secure enterprise AI workflows, has emerged from stealth with a USD 6.6 million seed funding round led by 3one4 Capital. The financing included participation from Picus Capital, Flourish Ventures, and Economic Development Innovations Singapore (EDIS), alongside angel investors Vijay Shekhar (Founder and CEO, Paytm), Kunal Shah (Founder, CRED), and Philip Yeo (Former Chairman, A*STAR).

• Blue Whale Energy, a Singapore-based energy storage company building a nationwide battery network to manage grid energy demand, has raised USD 4 million in a seed funding round led by existing backers Analog Ventures, Monk's Hill Ventures, and UntroD Capital, alongside new investors Wavemaker Partners, SEEDS, and ADB Ventures.

• Genie Health, a Singapore-based AI health startup building consumer and clinic tools for health data, has raised USD 3 million in a seed funding round led by Nadathur Family Office, with participation from Temasek-backed founders' studio Liminal and two healthcare investors.