Singapore
Investing in global-scale deep tech
Industries: Artificial Intelligence, Machine Learning, Medical Technology, Robotics, Advanced Materials
Malaysia
Thriving opportunities in an emerging market
Industries: Semiconductors, Financial Technology, Database, Property Technology
South Korea
Local champions with strong exit opportunities
Industries: Semiconductors, Artificial Intelligence, Machine Learning, Healthcare, Entertainment
Case Study: Singapore Macro Analysis
Quiet Transformation: Singapore has emerged as a cornerstone of Southeast Asia’s innovation and venture capital landscape. Though small in domestic market size, the city-state exerts outsized influence as a launchpad for regional technology ventures, backed by world-class infrastructure, a transparent regulatory regime, and a deeply supportive government.
Singapore offers both a strategic base for regional deployment and a mature local ecosystem characterized by rising founder quality, diversified startup verticals, and increasing integration with global capital flows.
Singapore GDP Growth 2024
4.4%
Total Foreign Fund Inflows 2024
$7.6 B
Total M&A Deals
2024
684
Case Study: Malaysia Macro Analysis
Paradigm Shifts: Malaysia’s tech scene has steadily evolved over the past decade from a peripheral regional market to a rising player in Southeast Asia’s digital economy. While not as mature or capital-rich as Singapore or Indonesia, Malaysia offers compelling opportunities for early-stage venture capital due to its increasingly digitized population, cost advantages, and strong government involvement in digital transformation.
Malaysia’s startup ecosystem is increasingly attractive for seed and early-growth VCs looking for outsized upside at lower valuations. Total VC funding in Malaysia crossed US$400 million in 2024, led by fintech, logistics tech, and digital services.
Median Seed Round Valuation
$2.5 M
Funds Committed by Government
$600 M
Digital Economy Contribution Target
25.5% of GDP
Case Study: South Korea Macro Analysis
Rising Star: South Korea is one of Asia’s most dynamic and technically advanced innovation ecosystems. With its world-class infrastructure, deep engineering talent, and strong global consumer brands, Korea has become a powerhouse for mobility tech, gaming, AI, biotech, and deep tech. For venture capitalists, South Korea offers a highly competitive but rewarding market, with a healthy exit environment and a strong domestic capital base.
Korea has one of Asia’s most liquid and active public markets for startups, especially via the KOSDAQ. Between 2020 and 2024, dozens of venture-backed firms went public, many in biotech, software, and mobility.
Tech Related Exports 2024
$230 B
KOSDAQ Tech IPOs 2024
45+ Listings
R&D expenditure (% of GDP)
4.8% (Top 3)
