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South Korea's Lotte Group sells car rental unit to private equity TPG for $925 million

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Ecosystem Roundup: SEA tech funding hits US$4.78B in July, led by mega rounds

Ecosystem Roundup: SEA tech funding hits US$4.78B in July, led by mega rounds

Southeast Asia’s tech sector raised US$4.779B across 17 rounds in July 2026, according to Tracxn, the strongest month in the tracked 12-month period, up 25.53% from June and 180.9% year-on-year. Two mega-rounds drove the surge: Kling AI’s US$2.8 billion raise and Ant International’s US$1.2 billion round, together accounting for roughly…