Tech funding rebounds to $3.7b in October

Kling AI led the month with a $2.98b funding round.

Singapore tech companies raised $3.7b in equity funding in October 2026, rebounding from a 12-month low of $175m in September, according to Tracxn.

The figure was also significantly higher than the $346m raised in October 2025.

Funding activity remained uneven over the 12-month period, with only three months recording more than $1b in equity funding.

Tech funding stood at $284m in November 2025 before falling to $191m in December.

It then surged to $2.2b in January 2026, before declining to $388m in February, $359m in March, and $134m in April.

Funding recovered to $831m in May and climbed further to $4.63b in July, the highest monthly total during the period. It subsequently fell to $864m in August.

Kling AI led October's largest funding rounds with $2.98b, followed by Manus with $500m, Supabase with $150m, Orochi Network with $8m, and NEU Battery Materials with $7.6m.

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