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Singapore tech equity funding rebounds to $3.7 billion in October

Kling AI recorded the largest round at $2.98 billion, followed by Manus at $500 million, according to Tracxn.

By Arif Rahman

Illustration of investment charts and technology company funding
Photo: Singapore Business Review

Equity investment in Singapore technology companies reached $3.7 billion in October 2026, according to Tracxn data, up from $175 million in September. The October total also exceeded the $346 million recorded a year earlier.

Kling AI accounted for the biggest funding round, raising $2.98 billion. Other rounds included $500 million for Manus, $150 million for Supabase, $8 million for Orochi Network and $7.6 million for NEU Battery Materials.

Monthly investment varied over the 12-month period, with totals exceeding $1 billion on only three occasions. July recorded the highest amount at $4.63 billion, before funding dropped to $864 million in August.

Earlier in the period, companies raised $284 million in November 2025 and $191 million in December. Funding then rose to $2.2 billion in January 2026, followed by $388 million in February, $359 million in March and $134 million in April. May's total recovered to $831 million.

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