# Energy investors in Asia (2026 list)

> 158 energy investors in Asia, 89% active in the last 12 months. Led by Plug and Play, Lightspeed Venture Partners, Qiming Venture Partners.

Source: https://millionrounds.com/lists/energy-investors-in-asia (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Energy investors in Asia

Updated 7 November 2026

Firms observed backing an energy company in Asia in the last two years, wherever the firm is based.

[See all 158 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fenergy-investors-in-asia)The top 25

**158** investors on the list No change this week

**2,087** cheques in 12 months *-9%* against the market

**$13M** median round they joined *+58%* against the market median

**89%** wrote a cheque in 12 months

**37%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 2 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) *Deploying now* VC firm · United States **1,341** **$35M** median round **Nov 2026** last seen
- 3 [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) *Deploying now* VC firm · Hong Kong SAR China **526** **$25M** median round **Oct 2026** last seen
- 4 [B Capital](https://millionrounds.com/fund/b-capital) *Deploying now* VC firm · United States **495** **$14M** median round **Oct 2026** last seen
- 5 [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) *Deploying now* VC firm · Japan **493** **$4.7M** median round **Nov 2026** last seen
- 6 [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) *Deploying now* VC firm · Japan **480** **$7.6M** median round **Sept 2026** last seen
- 7 [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) *Deploying now* Investment bank · Japan **443** **$5.1M** median round **Oct 2026** last seen
- 8 [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) *Deploying now* Private equity · United States **433** **$16M** median round **Aug 2026** last seen
- 9 [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) *Deploying now* VC firm · Japan **397** **$6.5M** median round **Nov 2026** last seen
- 10 [Temasek Holdings](https://millionrounds.com/fund/temasek) *Deploying now* VC firm · Singapore **384** **$100M** median round **Oct 2026** last seen
- 11 [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) *Deploying now* Accelerator · United Kingdom **332** **$3.6M** median round **Oct 2026** last seen
- 12 [IVC](https://millionrounds.com/fund/ivc) *Deploying now* VC firm · Taiwan **282** **$3.3M** median round **Sept 2026** last seen
- 13 [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) *Deploying now* VC firm · France **256** **$17M** median round **Oct 2026** last seen
- 14 [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) *Deploying now* Family office · Singapore **248** **$60M** median round **Sept 2026** last seen
- 15 [Incubate Fund](https://millionrounds.com/fund/incubate-fund) *Deploying now* VC firm · Japan **245** **$2.8M** median round **Oct 2026** last seen
- 16 [Blume Ventures](https://millionrounds.com/fund/blume-ventures) *Deploying now* VC firm · India **225** **$5M** median round **Nov 2026** last seen
- 17 [Nissay Capital](https://millionrounds.com/fund/nissay-capital) *Deploying now* VC firm · Japan **221** **$3.5M** median round **Oct 2026** last seen
- 18 [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) *Deploying now* VC firm · Japan **217** **$9.5M** median round **Oct 2026** last seen
- 19 [Gobi Partners](https://millionrounds.com/fund/gobi-partners) *Deploying now* VC firm · Malaysia **212** **$10M** median round **Oct 2026** last seen
- 20 [Wavemaker Partners](https://millionrounds.com/fund/wavemaker-partners-3) *Deploying now* VC firm · Singapore **212** **$3M** median round **Mar 2026** last seen
- 21 [Ridge Ventures](https://millionrounds.com/fund/ridge-ventures) *Deploying now* VC firm · United States **210** **$6.5M** median round **Aug 2026** last seen
- 22 [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) *Deploying now* Government · South Korea **205** **$12M** median round **Oct 2026** last seen
- 23 [ANRI](https://millionrounds.com/fund/anri) *Deploying now* VC firm · Japan **189** **$4.2M** median round **Nov 2026** last seen
- 24 [BEENEXT](https://millionrounds.com/fund/beenext) *Deploying now* VC firm · Singapore **161** **$6.1M** median round **Oct 2026** last seen
- 25 [Sinovation Ventures](https://millionrounds.com/fund/sinovation-ventures) *Deploying now* VC firm · China **160** **$14M** median round **May 2026** last seen

**133 more on this list**

All 158 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fenergy-investors-in-asia)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Pay2o](https://millionrounds.com/company/pay2o)** Seed *With* [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital)
- **5** Nov **[Simulacra](https://millionrounds.com/company/simulacra)** Pre-seed *Led by* [ANRI](https://millionrounds.com/fund/anri)
- **5** Nov **[altM](https://millionrounds.com/company/altm)** Series A · $10M *Led by* [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha)
- **4** Nov **[Thermit](https://millionrounds.com/company/thermit)** Seed *Led by* [Mashup Ventures](https://millionrounds.com/fund/mashup-ventures)
- **4** Nov **[Nums AI](https://millionrounds.com/company/nums-ai)** Pre-seed · $1.5M *With* [Mirae Asset Venture Investment](https://millionrounds.com/fund/mirae-asset-venture-investment)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)

## Stages This Year

1,475 rounds

- Venture **22%**
- Series A **16%**
- Seed **16%**
- Series B **10%**
- Debt **8%**
- Other **28%**

## What They Backed

Sectors, last 12 months

- AI **485**
- Energy **108**
- Biotech **104**
- Healthcare **95**
- Fintech **69**
- Big Data & Analytics **65**

## Cheques by Quarter

Led Joined

536 Q1 25

583 Q2 25

658 Q3 25

695 Q4 25

635 Q1 26

597 Q2 26

457 Q3 26

166 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america)
- [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe)
- [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america)
- [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america)
- [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia)
- [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america)
- [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america)
- [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america)
- [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in climate and energy

- Taming the Sun: Innovations to Harness Solar Energy and Power the Planet Varun Sivaram · 2018 4.06 from 510 ratings on Goodreads Climate and energy Innovation About the book How solar could spark a clean-energy transition through transformative innovation--creative financing, revolutionary technologies, and flexible energy systems. Solar energy, once a niche application for a limited market, has become the cheapest and fastest-growing power… On AmazonListen on Audible
- Race for Tomorrow: Survival, Innovation and Profit on the Front Lines of the Climate Crisis Simon Mundy · 2022 4.22 from 207 ratings on Goodreads Climate and energy Innovation Company building About the book In this extraordinary journey through twenty-six countries, Simon Mundy meets the people on the front lines of the climate crisis, showing how the struggle to respond is already reshaping the modern world – shattering communities, shaking up global business, and propelling a… On AmazonListen on Audible
- The Elements of Power: Gadgets, Guns, and the Struggle for a Sustainable Future in the Rare Metal Age David S. Abraham · 2015 4.06 from 264 ratings on Goodreads Climate and energy Company building About the book Our future hinges on a set of rare metals that few of us have even heard of. In this eye-opening book, a natural resource strategist reveals the critical importance of these transformative elements to our technological lifestyle and the consequences of our reliance upon them,… On AmazonListen on Audible
- Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life in Organisms, Cities, Economies, and Companies Geoffrey B. West · 2017 4.11 from 5,764 ratings on Goodreads Climate and energy Company building Innovation About the book The former head of the Sante Fe Institute, visionary physicist Geoffrey West is a pioneer in the field of complexity science, the science of emergent systems and networks. The term “complexity” can be misleading, however, because what makes West’s discoveries so beautiful is… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=climate).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about energy investors in Asia

### Who are the most active energy investors in Asia?

By cheques observed, the most active are Plug and Play, Lightspeed Venture Partners, Qiming Venture Partners, B Capital and Mitsubishi UFJ Capital.

### How many energy investors in Asia are there?

158 are on record. 89% made an investment in the last 12 months and 37% have led a round.

### Which stages do energy investors in Asia back?

Of the rounds with a named stage in the last 12 months, mostly Series A (23%) and Seed (23%).

### How big are the rounds energy investors in Asia join?

The typical (median) round among the leading investors here is $6.5M.

### Which sectors do energy investors in Asia back most?

In the last 12 months, mostly AI, Energy and Biotech.

### Which energy investors in Asia lead the most rounds?

Lightspeed Venture Partners (83 led), Temasek Holdings (19 led) and B Capital (14 led).

### Where are energy investors in Asia based?

Among the most active, most are based in Japan (8), the United States (5) and Singapore (4).

### What have energy investors in Asia invested in recently?

Recent rounds include Pay2o (Seed, Nov 2026, with Mizuho Capital), Simulacra (Pre-seed, Nov 2026, with ANRI) and altM (Series A, Nov 2026, with Rainmatter by Zerodha).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)