# Telecoms investors in Asia (2026 list)

> 35 telecoms investors in Asia, 97% active in the last 12 months. Led by 500 Global, HSG, Mitsubishi UFJ Capital. Ranked by what they funded.

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

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

# Telecoms investors in Asia

Updated 7 November 2026

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

[See all 35 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Ftelecom-investors-in-asia)The top 25

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

**730** cheques in 12 months *-10%* against the market

**$8.4M** median round they joined *+5%* against the market median

**97%** wrote a cheque in 12 months

**51%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen
- 2 [HSG](https://millionrounds.com/fund/hsg) *Deploying now* VC firm · Hong Kong SAR China **498** **$31M** median round **Oct 2026** last seen
- 3 [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
- 4 [Partech Ventures](https://millionrounds.com/fund/partech) *Deploying now* VC firm · France **444** **$15M** median round **Oct 2026** last seen
- 5 [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
- 6 [Temasek Holdings](https://millionrounds.com/fund/temasek) *Deploying now* VC firm · Singapore **384** **$100M** median round **Oct 2026** last seen
- 7 [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) *Deploying now* Accelerator · United Kingdom **332** **$3.6M** median round **Oct 2026** last seen
- 8 [SBI Investment](https://millionrounds.com/fund/sbi-investment) *Deploying now* VC firm · Japan **330** **$8.7M** median round **Sept 2026** last seen
- 9 [Incubate Fund](https://millionrounds.com/fund/incubate-fund) *Deploying now* VC firm · Japan **245** **$2.8M** median round **Oct 2026** last seen
- 10 [Nissay Capital](https://millionrounds.com/fund/nissay-capital) *Deploying now* VC firm · Japan **221** **$3.5M** median round **Oct 2026** last seen
- 11 [Wavemaker Partners](https://millionrounds.com/fund/wavemaker-partners-3) *Deploying now* VC firm · Singapore **212** **$3M** median round **Mar 2026** last seen
- 12 [Airtree Ventures](https://millionrounds.com/fund/airtree) *Deploying now* VC firm · Australia **138** **$12M** median round **Oct 2026** last seen
- 13 [Framework Ventures](https://millionrounds.com/fund/framework-ventures) *Deploying now* VC firm · United States **129** **$8.4M** median round **Oct 2026** last seen
- 14 [3one4 Capital](https://millionrounds.com/fund/3one4-capital) *Deploying now* VC firm · India **92** **$6.2M** median round **Oct 2026** last seen
- 15 [Globis Capital Partners](https://millionrounds.com/fund/globis-capital-partners) *Deploying now* VC firm · Japan **86** **$8.4M** median round **Oct 2026** last seen
- 16 [Solana Ventures](https://millionrounds.com/fund/solana-ventures) *Deploying now* VC firm **51** **$4M** median round **Sept 2026** last seen
- 17 [Alliance](https://millionrounds.com/fund/alliance) *Deploying now* Accelerator · United States **47** **$3M** median round **Oct 2026** last seen
- 18 [NetEase](https://millionrounds.com/fund/netease) *Deploying now* Corporate VC · Japan **33** **$30M** median round **Oct 2026** last seen
- 19 [GL Ventures](https://millionrounds.com/fund/gl-ventures) *Deploying now* VC firm **6** **$39M** median round **Nov 2026** last seen
- 20 [Linear Capital](https://millionrounds.com/fund/linear-capital) *Deploying now* VC firm · China **5** **$69M** median round **Jan 2026** last seen
- 21 [M3](https://millionrounds.com/fund/m3) *Deploying now* VC firm · United States **5** **$8M** median round **Oct 2026** last seen
- 22 [Shastra VC](https://millionrounds.com/fund/shastra-vc) *Deploying now* VC firm · India **4** **$3.2M** median round **Oct 2026** last seen
- 23 [Zephyr Peacock](https://millionrounds.com/fund/zephyr-peacock) *Deploying now* VC firm **4** **$6.8M** median round **Jul 2026** last seen
- 24 [Hiroshima Venture Capital](https://millionrounds.com/fund/hiroshima-venture-capital) *Deploying now* VC firm · Japan **3** **$9M** median round **Oct 2026** last seen
- 25 [AUM Ventures](https://millionrounds.com/fund/aum-ventures) *Deploying now* VC firm · United Arab Emirates **2** **$3.9M** median round **Nov 2026** last seen

**10 more on this list**

All 35 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%2Ftelecom-investors-in-asia)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Cosmoserve Space](https://millionrounds.com/company/cosmoserve-space)** Seed · $6M *With* [AUM Ventures](https://millionrounds.com/fund/aum-ventures)
- **2** Nov **[BionicM](https://millionrounds.com/company/bionicm)** Series B *With* [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd)
- **2** Nov **[GenRobot AI](https://millionrounds.com/company/genrobot-ai)** Series A · $100M *With* [GL Ventures](https://millionrounds.com/fund/gl-ventures)
- **30** Oct **[Ace Blend](https://millionrounds.com/company/ace-blend)** Series A · $9.9M *Led by* [3one4 Capital](https://millionrounds.com/fund/3one4-capital)
- **29** Oct **[PhotonPay](https://millionrounds.com/company/photonpay)** Series C · $40M *With* [GL Ventures](https://millionrounds.com/fund/gl-ventures)
- **28** Oct **[Metacognition](https://millionrounds.com/company/metacognition)** Pre-seed · $5M *Led by* [Airtree Ventures](https://millionrounds.com/fund/airtree)

## Stages This Year

617 rounds

- Venture **22%**
- Seed **18%**
- Series A **15%**
- Series B **12%**
- Debt **6%**
- Other **28%**

## What They Backed

Sectors, last 12 months

- AI **195**
- Fintech **37**
- Biotech **33**
- Healthcare **31**
- Big Data & Analytics **28**
- Financial Services **26**

## Cheques by Quarter

Led Joined

195 Q1 25

193 Q2 25

238 Q3 25

262 Q4 25

235 Q1 26

200 Q2 26

158 Q3 26

51 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)

## Quick answers about telecoms investors in Asia

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

By cheques observed, the most active are 500 Global, HSG, Mitsubishi UFJ Capital, Partech Ventures and SMBC Venture Capital.

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

35 are on record. 97% made an investment in the last 12 months and 51% have led a round.

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

Of the rounds with a named stage in the last 12 months, mostly Seed (25%) and Series A (21%).

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

The typical (median) round among the leading investors here is $6.8M.

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

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

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

Temasek Holdings (19 led), Partech Ventures (18 led) and Airtree Ventures (14 led).

### Where are telecoms investors in Asia based?

Among the most active, most are based in Japan (8), the United States (4) and Singapore (2).

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

Recent rounds include Cosmoserve Space (Seed, Nov 2026, with AUM Ventures), BionicM (Series B, Nov 2026, with Mitsubishi UFJ Capital) and GenRobot AI (Series A, Nov 2026, with GL Ventures).

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