Singapore tech firms raise $12.4b in 9M 2026 on late-stage rounds

Singapore-based DayOne and Kling AI secured over half of the capital raised in SEA.

Singapore technology companies pulled $12.4b in funding in the first nine months of 2026, up from 181.82% year-on-year (YoY), according to data from Tracxn.

Singapore companies accounted for 94% of the total tech funding in Southeast Asia for the 9M period, which surged 176% to $13.5b overall.

Data centre operator DayOne raised $2.5b in a Series C funding round in June and $2b in January, whilst generative AI company Kling AI raised $2.8b in a Series D round in July.

DayOne and Kling AI collectively made up 54% of all SEA funding for the nine-month period.

ShopBack, a Singapore-headquartered rewards and cashback platform, was the only new unicorn in SEA during the 9M 2026 period, against 3 in 9M 2025.

Overall, SEA tech funding went to a small number of very large late-stage rounds, according to Tracxn. Late-stage funding in SEA tripled to $10.2b across 18 funding rounds during the period, up from $3.1b across 17 rounds in 9M 2025.

Early-stage funding was $3b across 80 rounds, whilst seed funding and angel rounds was $270m across 90 rounds.

Data centre infrastructure and video creation tools were the top two categories funded, collectively raising $7.5b or 56% of the funding.

After Singapore, West Jakarta’s tech companies raised $270m, all from digital investment platform Ajaib’s series C funding round in August.

Bangkok raised $121m, Kuala Lumpur raised $111m, Taguig clinched $91m in funding, whilst Jakarta received $81.5m in tech funding, Tracxn said.