Tracxn Technologies, an India-based market intelligence platform, said Southeast Asian tech companies raised US$7.4 billion from January to June 2026, up from US$3.2 billion a year earlier, even as funding rounds fell to 127 from 153.

Late-stage funding reached US$6.0 billion. Seed funding rose 68% to US$328 million, while early-stage funding was steady at US$1.0 billion.

Singapore-headquartered companies accounted for US$6.9 billion, or 94% of the total.

DayOne, a Singapore-headquartered hyperscale data center platform, contributed US$4.5 billion across two series C tranches.

The increase follows a multiyear slump rather than a full recovery.

In the first nine months of 2025, regional funding had fallen 58% from the first nine months of 2023, with data center and AI infrastructure among the top-funded themes.

DayOne said its January series C of more than US$2.0 billion was led by Coatue and backed by Indonesia Investment Authority to expand AI-ready capacity across Europe and Asia-Pacific.

Tracxn counted 19 acquisitions and six IPOs in H1 2026, down from 34 acquisitions and seven IPOs a year earlier.

🔗 Source: Tracxn