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Singapore's state investor went shopping one layer below the GPU: EDBI joins Lumilens' $700M round
The US optical-interconnect startup left stealth at a $5.51 billion post-money valuation, with EDBI and Peak XV joining a round that lifts its total funding past $900 million.
Late-stage SEA funding rose 140 percent in H1 2025. Seed fell 50 percent.
Late-stage funding in Southeast Asia surged 140 percent in H1 2025 to $1.4 billion; seed-stage funding fell by half to $50.7 million. A year on, the funds that write seed cheques have stopped forming.