$60M+ Flows Into SEA Startups

dtcpay, a Singapore-headquartered payment services provider enabling multi-fiat and stablecoin transactions, has raised USD 25 million in a Series A extension round following an initial tranche led earlier this year by Vertex Ventures Southeast Asia & India.

DANA, an Indonesian digital financial platform providing QR code transactions, money transfers, and AI-powered financial solutions, has raised an undisclosed amount of fresh funding in a round led by 01F Group’s growth-stage fintech private equity arm, 01Fintech.

Nexstrom, a Singapore-based semiconductor startup developing wafer-scale 2D semiconductor materials, has raised USD 12 million in a seed funding round led by Cora Innovation, with participation from Foothill Ventures and SEEDS.

Life Lab Resources, a Singapore-based startup converting commercial food waste into aquaculture feed, has raised USD 1 million in a pre-Series A funding round led by Decarb123 Pte Ltd (investing through DC123FW Pte Ltd), with participation from Keng Eng Kee Holding Pte Ltd and follow-on backing from Huang Shao-Ning–led angel syndicate AC S323 Pte Ltd. The capital will fund capacity expansion at its circular food biorefinery in Singapore.

TacnIQ.ai, a Singapore-based startup developing tactile sensing technology for machines and robotics, has secured USD 1.5 million from lead investor In Group Holdings as part of an ongoing USD 3 million pre-seed funding round.

Hyperbond Studio, a Singapore-based gaming startup behind the language-learning dating simulator Call Me Sensei, has secured pre-seed support through a Discovery Ticket from Supercell following its entry into Supercell’s AI Innovation Lab.

Bonbon Mobility, a Vietnam-based online-to-offline platform connecting car owners with garages and car-care providers, has raised USD 500,000 in a pre-seed funding round led by Tasco, with participation from Southeast Asia-focused investor GenAi Fund.

3cat, a Malaysia-based pre-owned electronics platform, has raised USD 4 million in a Series A funding round led by Foxmont Capital Partners, with participation from the Asian Development Bank (ADB) and Golden Gate Ventures. The capital will support its expansion into the Philippines as its first international market.

iPiD, a Singapore-headquartered payment intelligence company, has raised USD 16 million in a Series A funding round led by Foundation Capital, with participation from Citi and HSBC. The capital will support the expansion of its payee-verification network and the development of new capabilities for faster payment rails and digital assets.