VC tracker: Granite Asia launches US$50 million fund

Startup fundraising in Southeast Asia and India hasn’t fully recovered, but that’s not deterring founders in these markets.

If anything, these founders are chasing bigger goals: building in the US and raising funding from marquee investors in the country.

Take Justin Banusing, who co-founded AcadArena, a Philippine campus gaming startup. He now runs Los Angeles-based martech company Clouted, which just closed a US$7 million series A backed by Slow Ventures, a16z Speedrun, and Peak XV.

Another example is Yoeven Khemlani, who built Singapore-based travel tech startup Stayr. His current project is Interfaze, a Y Combinator-backed AI firm from San Francisco that creates models for deterministic developer tasks.

Stories like these are why we’ve revamped this funding tracker, which launched in 2023.

Whether you’re raising for a venture in Southeast Asia, India, or the US, we hope you can find your next potential investor here.

Granite Asia and Singapore-based port operator PSA International recently launched a US$50 million fund to invest in companies building products for ports, logistics, and supply chains.

Also in September, Bessemer Venture Partners raised a total of US$5.75 billion for both both early-stage and growth investing. The firm, whose portfolio includes Anthropic, Canva, Perplexity and Shopify, invests globally with teams in the US, UK, Israel and India.

On focus areas, most VCs included in this tracker are multisector investors, with US$62 billion raised or committed since 2025.

Among single-sector funds, AI tops the list, followed by healthcare and deeptech.