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Winston Zhang · · 6 min read

SEA Fundboard Hot 50

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Hello reader,

Here’s a little peek behind the scenes: whenever I put together one of these newsletters, I’m usually plugged in and grooving to music. In fact, the Hall & Oates ‘80s hit Out of Touch accompanied every word I typed when I wrote this.

Each song I listen to might inspire the next one that plays, and this influences the writing as well. My process sounds a bit complicated, but it explains why I tend to make pop culture references in the newsletters I write. I’ve received messages on LinkedIn from readers telling me that they enjoy this a lot, which is pretty cool.

The point I’m trying to make is this: understanding the process can go a long way towards making sense of the results.

Today’s premium article takes a look at the 50 best-funded startups and tech companies in Southeast Asia, but just knowing how much they’ve raised and their ranking on the list isn’t enough. You should dig a little deeper and find out how they got there, too.

Still, it’s a good starting point. Click in to get cracking with your research.

(P.S. The Beastie Boys’ Intergalactic is playing as I finish this intro.)

Today we look at:

  • The 50 top-funded startups and tech companies in Southeast Asia
  • The US$46 million fundraise of a South Korean gaming company
  • Other newsy highlights such as VC firm Blackbird’s billion-dollar fund and the successful pilot demo of a foreign exchange of tokenized currencies

Premium summary

Shake your moneymaker

Image credit: Timmy Loen

Ranking boards are fun, but I think keeping track of the leaders and how they change over time is also cool. I’m sure you’ve seen GIFs or videos of charts changing and illustrating how companies have risen and fallen over the decades.

There’s so much interesting content that can be done with data. But let’s just start with taking a look at the startups and tech firms in Southeast Asia that get the most funding.


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Winston Zhang

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