Southeast Asia’s logistics tech sector has seen a significant rebound, with cumulative equity funding reaching $17.7b, according to a report by Tracxn Technologies. The report highlights a recovery in annual funding to $339m in 2026, the highest since 2021, driven primarily by e-commerce logistics.
The resurgence in funding is largely concentrated in Singapore and Jakarta, which together account for the majority of the capital deployment. Singapore leads with $11.4b in funding, followed by Jakarta with $5.4b. Bangkok ranks third, albeit significantly lower, with $777m.
E-commerce logistics has been at the forefront of this recovery, attracting $500m since 2025, including $300m in 2026 alone. Zelostech, a Singapore-based company, has been a major player, securing a $300m Series C round in February 2026, alongside two $100m Series B rounds in 2025.
The report also notes that acquisitions remain the preferred exit strategy over initial public offerings (IPOs), with 17 acquisitions compared to eight IPOs. Companies typically take 12.9 years from first funding to acquisition, compared to 7.7 years for IPOs.
Two companies have achieved unicorn status in the region: Singapore’s Ninja Van and Thailand’s Flash Express, both reaching the milestone in 2021. The logistics tech sector in Southeast Asia comprises 1,814 companies, with 138 having raised equity funding.
The findings underscore the pivotal role of e-commerce logistics in driving the sector’s growth and the strategic importance of Singapore and Jakarta as central hubs for investment.
