DEAL FUEL BY ROCKET EQUITIES — MAY 2022

Arushi Chauhan
Rocket Equities
3 min readJun 2, 2022

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COMPANIES IN SOUTHEAST ASIA RAISED OVER US$3.212 BILLION* IN QUARTER Q1 2022

Fundraising across sectors in Southeast Asian countries (US$ Million)

April 2022 Highlights

  • Singapore received the highest amount of funding in SEA.
  • Malaysia emerged as the second-highest SEA country with 1 major transaction — Axiata Group’s acquisition of Philippines-based PLDT Inc. for US$ 800M (Telecom).
  • Fintech & Financial Services sector received the highest amount of funding in April 2022.

Top Deals

Philippines’ latest Unicorn Voyager Innovations (US$ 210M, Lead Investors — SIG Venture Capital, EDBI, KKR)

Coda Payments (US$ 690M, acquired by Insight Partners, Smash Capital, GIC Pte — Minority Stake)

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Southeast Asia Sector Highlights

Southeast Asia Fundraising Summary (APRIL 2022) by Sector
  • Fintech & Financial Services emerged as the top-funded sector in April 2022.
  • Healthcare & HealthTech and Entertainment, Media & Gaming are sectors to watch out for as both these industries are growing rapidly in Malaysia, Vietnam & Philippines.

Top Sectors

Fintech & Financial Services (US$ 1370.60M)

Other Sectors (US$ 1118.03M)

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Southeast Asia Fundraising Summary (APRIL 2022) by Sector

Southeast Asia Geographical Highlights

  • Malaysia emerges as the most popular destination for TECH INVESTORS in APRIL 2022.
  • Singapore & Indonesia recorded the highest number of transactions in the region.
  • Vietnam (5 Deals — US$ 255.1M) and the Philippines (3 Deals — US$ 231.70M) are popular destinations among Tech Investors.
Southeast Asia Fundraising Summary (APRIL 2022) by Country

Top Deals

Voyager Innovations (US$ 210M, Fintech, PH)

PLDT (US$ 800M, Telecom, MY)

Coda Payments (US$ 690M, Cross-border Finance & alternative app, SG)

Bank Bisnis (US$ 132.2M, Digital Banking, ID)

Trusting Social (US$ 65M, AI Fintech, VT)

APRIL 2022 Fundraising Summary by SEA Countries

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Exclusive Deals from Rocket Equities

US$100M+ (Series C), Ecommerce, Philippines

US$100M+ (Series B), Software & IT Services, Philippines

US$50M (Series B), Agriculture, Philippines

US$50M (Series B), Ecommerce, Vietnam

US$40M (Series B), Fintech, Philippines

US$20M (Series A), Financial Services, Philippines

Rocket Equities is a Southeast Asia-focused financial advisory firm. We work with market leaders in tech/tech-enabled industries to raise capital via debt & equity markets, enable regional market expansion through M&A, and create a lucrative exit for founders by leveraging our network of 300+ professional investors composed of Venture Capital, Private Equity, Corporates, and Sovereign Wealth Funds in APAC.

For More — Connect with us at deals@rocketequities.com.

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