The Singapore Venture Capital Landscape in 2026

The Singapore Venture Captial Landscape in 2026

Singapore closed 472 venture deals worth US$4.6 billion in 2025, a 34 percent drop in value from the year before, according to the Singapore Venture Funding Landscape report published by EnterpriseSG. That sounds bleak until you see the context: Singapore still captured the overwhelming majority of Southeast Asia's venture funding, and the investors who remain active are writing cheques with more conviction, not less. This report breaks down where the money went, who deployed it, and what it means if you are raising in 2026.

The Market at a Glance

Update this table quarterly. The concentration story matters more than the decline story: four industries accounted for 69 percent of deal volume and 82 percent of deal value, which means generalist pitches are fighting for a shrinking slice while fintech, AI, deeptech and climate propositions face a market that actually grew.Update this table quarterly. The concentration story matters more than the decline story: four industries accounted for 69 percent of deal volume and 82 percent of deal value, which means generalist pitches are fighting for a shrinking slice while fintech, AI, deeptech and climate propositions face a market that actually grew.

  • Singpore deal volume

    472 deals

    • Direction: Down 35 percent year on year
  • Singapore deal value

    US$4.6 billion

    • Direction: Down 34 percent year on year
  • ASEAN 6 combined deal value

    US$6.3 billion

    • Direction: Down from US$9.7 billion in 2024
  • Largest funded sector

    Fintech at US$1.7 billion

    • Direction: Up 34 percent, against the trend
  • Sector concentration

    Top 4 sectors took 82 percent of value

    • Direction: Increasing

The Most Active Investors in Singapore

Fund activity shifts every quarter, but a consistent core has kept deploying through the correction: Monk's Hill Ventures and Vertex Ventures Southeast Asia leading Series A rounds, Quest Ventures and Wavemaker Partners at seed, Golden Gate Ventures, Openspace Ventures and Jungle Ventures across early stages, with 500 Southeast Asia and Antler feeding the top of the funnel. Corporate venture remains meaningful through Singtel Innov8 and EDBI, and SEEDS Capital continues co investing under Startup SG Equity. Our regularly updated ranking of the region's most active firms sits on the WOWS blog and feeds this report.

  • Singapore Fintech Association
  • India Thai Chamber Of Commerce (ITCC)
  • Thai Fintech Association
  • Thailand Board Of Investment (BOI)
  • La French Tech

    Where the Capital Is Going

    Fintech kept its crown with US$1.7 billion deployed, driven by financial software and anchored by Singapore's role as ASEAN's financial hub, though nearly half of that value sat in a handful of large rounds including Airwallex and Bolttech. Artificial intelligence moved from a theme to a filter: funds now ask how AI changes your cost structure regardless of your sector. Climate tech and deeptech round out the priority list, supported by government research funding and sovereign interest.

    What This Means If You Are Raising in 2026

    If you are preparing a raise against this backdrop, our guide to finding investors in Singapore covers the practical routes, and WOWS Deal Flow puts vetted companies directly in front of more than 250 active investors.

    Methodology and Sources

    Figures are drawn from the Singapore Venture Funding Landscape report published by EnterpriseSG with EY Parthenon analysis, supplemented by Pitchbook, Crunchbase and WOWS Global's own deal records. Quarterly updates are published on this page; the downloadable PDF carries the full data tables.

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