Global early-stage investor Antler has injected $110,000 apiece into two Malaysian startups—LocalPasar and FilePillar—as part of its strategy to back ventures from inception.
LocalPasar, an agritech startup, is developing an intelligence platform aimed at digitising and modernising the wholesale fresh produce market across Southeast Asia.
FilePillar, meanwhile, provides automation software for tax professionals and accounting firms, with a focus on enhancing operational efficiency through AI.
FilePillar plans to channel the new capital into talent acquisition, product development, and marketing, as it expands its AI-driven offerings to transform how accounting services are delivered in a digital-first environment.
LocalPasar said it will deploy the funds to bolster its branding and marketing efforts, accelerate product innovation, and scale its footprint across the regional food value chain.
Antler, which positions itself as a “day zero” investor, has supported startups globally, with a growing presence in Southeast Asia as it targets high-growth sectors including SaaS, agritech, and digital finance.
In August last year, Antler announced it made thefinal close of its second Southeast Asia fund at $72 million. The new fund, Antler SEA Fund II, continues to invest in early-stage tech-enabled companies in the region with pre-launch, pre-seed, and seed capital.
SOUTHEAST ASIA DEAL MONITOR
DealStreetAsia has put together a table listing prominent venture capital transactions in Southeast Asia in the fortnight starting May 19, 2025.
| Startup name | Headquarters | Investment Size | Investment Stage | Lead investor(s) | Other Investor(s) | Industry / Verticals |
|---|---|---|---|---|---|---|
| LocalPasar | Malaysia | $110,000 | Undisclosed | Antler | Agritech | |
| FilePillar | Malaysia | $110,000 | Undisclosed | Antler | Saas | |
| CrediLinq | Singapore | $8,500,000 | Series A | OM/VC, MS&AD Ventures | Citi North America, Rustem Family Office, 500 Global, Epic Angels, 1982 VC, Big Sky Capital | Fintech |
| WeCare 247 | Vietnam | Undisclosed | Undisclosed | Unlock | Mynavi Corporation | Healthcare |
| Firsty | Singapore | $5,800,000 | Undisclosed | Speedinvest, Dutch Founders Fund | Telecom | |
| Whale | Singapore | $60,000,000 | Series C+ | BOSCH Ventures, MTR Lab, Singtel Innov8, MDI Ventures, Gentree Fund | AI | |
| Quantified Energy | Singapore | Undisclosed | Series A | Vertex Ventures Southeast Asia & India | Deeptech | |
| Remind | Indonesia | $1,300,000 | Undisclosed | Bali Investment Club, Beenext | Spiral Ventures | E-waste management |
| Ringkas | Indonesia | $5,100,000 | Pre-Series A | Flourish Ventures, Kadan Capital | Fintech | |
| Vidio | Indonesia | $2,000,000 | Undisclosed | PT Dian Swastika Sentosa Tbk | Video Streaming | |
| Ashita Group | Malaysia | $155,000,000 | Undisclosed | CPFam-LDA Asia Growth Fund, AEI Capital Group | E-commerce | |
| Kind Kones | Singapore | Undisclosed | Undisclosed | Epic Angels | F&B | |
| Sinkhe | Singapore, Vietnam | Undisclosed | Pre-Seed | Antler | Agritech | |
| Gprnt | Singapore | $4,620,000 | Undisclosed | Ant, MUFG | SaaS |
