# Energy investors in Southeast Asia (2026 list)

> 23 energy investors in Southeast Asia, 100% active in the last 12 months. Led by Temasek Holdings, Entrepreneur First, BNP Paribas. Ranked by what they funded.

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

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

# Energy investors in Southeast Asia

Updated 7 November 2026

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

[See all 23 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fenergy-investors-in-southeast-asia)The top 23

**23** investors on the list *-4* this week

**421** cheques in 12 months *+5%* against the market

**$10M** median round they joined *+26%* against the market median

**100%** wrote a cheque in 12 months

**43%** have led a round

## The Top 23

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

- 1 [Temasek Holdings](https://millionrounds.com/fund/temasek) *Deploying now* VC firm · Singapore **384** **$100M** median round **Oct 2026** last seen
- 2 [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) *Deploying now* Accelerator · United Kingdom **332** **$3.6M** median round **Oct 2026** last seen
- 3 [BNP Paribas](https://millionrounds.com/fund/bnp-paribas) *Deploying now* VC firm · France **256** **$17M** median round **Oct 2026** last seen
- 4 [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) *Deploying now* VC firm · Japan **217** **$9.5M** median round **Oct 2026** last seen
- 5 [Wavemaker Partners](https://millionrounds.com/fund/wavemaker-partners-3) *Deploying now* VC firm · Singapore **212** **$3M** median round **Mar 2026** last seen
- 6 [Industry Ventures](https://millionrounds.com/fund/industry-ventures) *Deploying now* VC firm · United States **139** **$19M** median round **Sept 2026** last seen
- 7 [MUFG Bank](https://millionrounds.com/fund/mufg-bank) *Deploying now* Investment firm **139** **$43M** median round **Oct 2026** last seen
- 8 [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) *Deploying now* VC firm · Netherlands **115** **$3.8M** median round **Jul 2026** last seen
- 9 [EDBI](https://millionrounds.com/fund/edbi) *Deploying now* VC firm · Singapore **109** **$32M** median round **Nov 2026** last seen
- 10 [Foothill Ventures](https://millionrounds.com/fund/foothill-ventures) *Deploying now* VC firm · United States **75** **$7M** median round **Sept 2026** last seen
- 11 [UntroD Capital](https://millionrounds.com/fund/untrod-capital) *Deploying now* VC firm · Singapore **69** **$4.8M** median round **Sept 2026** last seen
- 12 [TDK Ventures](https://millionrounds.com/fund/tdk-ventures) *Deploying now* Corporate VC · United States **56** **$27M** median round **Sept 2026** last seen
- 13 [ING Group](https://millionrounds.com/fund/ing-group) *Deploying now* Growth equity · Indonesia **45** **$37M** median round **Oct 2026** last seen
- 14 [Lifetime Ventures](https://millionrounds.com/fund/lifetime-ventures) *Deploying now* VC firm · Japan **28** **$901K** median round **Aug 2026** last seen
- 15 [SGInnovate](https://millionrounds.com/fund/sginnovate) *Deploying now* VC firm · Singapore **16** **$13M** median round **Oct 2026** last seen
- 16 [M7 Holdings](https://millionrounds.com/fund/m7-holdings) *Deploying now* Angel network · United States **2** **$4.8M** median round **Oct 2026** last seen
- 17 [Shift4Good](https://millionrounds.com/fund/shift4good) *Deploying now* VC firm · France **2** **$10M** median round **Oct 2026** last seen
- 18 [Vynn Capital](https://millionrounds.com/fund/vynn-capital) *Deploying now* VC firm · Malaysia **2** **$3M** median round **Nov 2026** last seen
- 19 [Lotus Singapore Group](https://millionrounds.com/fund/lotus-singapore-group) *Deploying now* Investment firm · Singapore **1** **$7.6M** median round **Oct 2026** last seen
- 20 [Bank of the Philippine Islands](https://millionrounds.com/fund/bank-of-the-philippine-islands) *Deploying now* Investment firm **1** **$552M** median round **Oct 2026** last seen
- 21 [Development Bank of the Philippines](https://millionrounds.com/fund/development-bank-of-the-philippines) *Deploying now* Investment firm **1** **$552M** median round **Oct 2026** last seen
- 22 [Land Bank of the Philippines](https://millionrounds.com/fund/land-bank-of-the-philippines) *Deploying now* Investment firm **1** **$552M** median round **Oct 2026** last seen
- 23 [Paragon Ventures I](https://millionrounds.com/fund/paragon-ventures-i) *Deploying now* VC firm **1** **$7.6M** median round **Oct 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **3** Nov **[Econili Battery New Energy](https://millionrounds.com/company/econili-battery-new-energy)** Other *Led by* [Vynn Capital](https://millionrounds.com/fund/vynn-capital)
- **3** Nov **[NeoSci Ventures](https://millionrounds.com/company/neosci-ventures)** Other · $55M *With* [EDBI](https://millionrounds.com/fund/edbi)
- **30** Oct **[Neoen](https://millionrounds.com/company/neoen)** Debt · $1.3B *With* [ING Group](https://millionrounds.com/fund/ing-group)
- **27** Oct **[Bedrock Robotics](https://millionrounds.com/company/bedrock-robotics)** Series C · $600M *With* [Temasek Holdings](https://millionrounds.com/fund/temasek)
- **26** Oct **[Giga Storage](https://millionrounds.com/company/giga-storage)** Debt · $291M *With* [ING Group](https://millionrounds.com/fund/ing-group)
- **26** Oct **[Citicore Renewable Energy Corp.](https://millionrounds.com/company/citicore-renewable-energy-corp)** Debt · $552M *With* [Land Bank of the Philippines](https://millionrounds.com/fund/land-bank-of-the-philippines)

## Stages This Year

381 rounds

- Venture **22%**
- Debt **20%**
- Seed **11%**
- Series A **10%**
- Series B **7%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **110**
- Energy **54**
- Biotech **20**
- Big Data & Analytics **20**
- Cleantech **19**
- Agtech **19**

## Cheques by Quarter

Led Joined

81 Q1 25

100 Q2 25

127 Q3 25

141 Q4 25

123 Q1 26

139 Q2 26

86 Q3 26

26 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 Southeast Asia

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

By cheques observed, the most active are Temasek Holdings, Entrepreneur First, BNP Paribas, Mizuho Corporate Bank and Wavemaker Partners.

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

23 are on record. 100% made an investment in the last 12 months and 43% have led a round.

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

Of the rounds with a named stage in the last 12 months, mostly Debt (29%) and Seed (16%).

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

The typical (median) round among the leading investors here is $10M.

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

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

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

Temasek Holdings (19 led), Wavemaker Partners (7 led) and TDK Ventures (5 led).

### Where are energy investors in Southeast Asia based?

Among the most active, most are based in Singapore (6), the United States (4) and France (2).

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

Recent rounds include Econili Battery New Energy (Other, Nov 2026, with Vynn Capital), NeoSci Ventures (Other, Nov 2026, with EDBI) and Neoen (Debt, Oct 2026, with ING Group).

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