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In focus
- Top 50 enterprise AI companies in Asia, by capital raised
- Coinhako: 8x losses, yet cash-flow positive
- What an old Genspark deep dive says about OpenAI’s AgentKit launch
Hello reader,
To me, B2B always felt like a maze of approvals to win a new client. B2C seems more straightforward: building something for millions of people to use.
But in reality, B2C markets are relentless, especially in AI. Winning users often means aggressive spending, and that’s not feasible for most startups.
On the other hand, businesses are racing to integrate AI into their operations. A few big wins can keep a B2B-focused AI firm running.
That’s why we dug into the top-funded enterprise AI companies across Asia to see where the sector is heading.
Some names in today’s first Top Story show that excelling in a niche can win 9-digit funding, like Japan-based LegalOn, which targets legal operations, or Korea’s Upstage, which processes insurance documents.
In our second Top Story, my colleague Elyssa Lopez looks into the latest financials of Singapore-based crypto exchange Coinhako. While the platform tripled revenue in 2024, it also posted an 8x increase in losses.
Its CEO attributes the losses to investments into its institutional segment. Will Coinhako’s focus on larger clients over their retail counterparts give it the same success as the companies in our enterprise AI list?
Duc Tran, data journalist
Top Stories
1️⃣ Asia’s biggest enterprise AI players: the top 50
Image credit: Timmy Loen
Our list of top-funded enterprise AI companies in Asia, along with their products and key clients, offers a glimpse into what draws the most investments in the segment.
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