The largest funding deal in Southeast Asia in February was Techcoop, a Vietnamese agricultural technology startup from Thu Duc city in Ho Chi Minh City, raising $28 million, according to the latest report released by the TNGlobal.

It was followed by Finmo (Singapore) with $18.5 million, and fileAI (Singapore), $14 million.

The Southeast Asia (SEA) Monthly Funding Tracker for February 2025 indicates that funding activity slowed during the month. Total funding amounted to $92.9 million across 18 rounds, marking a decline of 86.56% compared with January 2025 and 69.03% from February 2024.

Regarding city-wise trends, Singapore took a strong lead, raising $55.7 million, followed by Thu Duc in Ho Chi Minh City, at $28 million.