Forty.5 Ventures announced the close of its US$30 million Fund I, while Grafilab secured US$500,000 and Amilo acquired SG Link to expand cross-border logistics.
Malaysia puts a new leadership team behind its national AI agenda, Southeast Asia's startup ecosystem reckons with thousands of venture-backed failures, and founders are finding increasingly creative ways to turn AI into distribution, infrastructure and new products.
The Philippines unveils a $34.4 billion AI infrastructure roadmap, plus a fresh raise for Singapore's N&E Innovations, surging AI funding in Vietnam and a $60 million push to back Southeast Asian farmers.