Malaysia's Unicorn Carsome Raises Over $30M in Strategic Funding to Accelerate AI-Powered Growth in Southeast Asia

Carsome, Southeast Asia's leading integrated car e-commerce platform, has secured more than $30 million in a strategic fundraising round.

This investment from new and existing backers underscores strong confidence in the Malaysian unicorn's path to profitability and regional dominance.

Key Investors Driving Cross-Border Innovation

Hong Kong Investment Corporation Limited (HKIC), Gobi Partners, and Asia Partners are among the participants in this round.

The funds aim to accelerate profitable growth and strengthen ties between Southeast Asia and Greater China.

Carsome, founded over a decade ago, has been supported by Gobi Partners since its early days, evolving into a unicorn with operations across the region.

Recent FY2025 results highlight the company's momentum, boasting $23 million in EBITDA and 16% gross profit growth.

Future Focus on AI and Regional Expansion

The partnership leverages Hong Kong's gateway role for advanced automotive tech, supply chain sourcing, and global talent.

Initiatives will prioritize data, AI applications, and next-generation mobility services in the used car market.

“This strategic collaboration is a vote of confidence in our continued momentum,” said Eric Cheng, Carsome's Co-founder and CEO.

This raise positions Carsome to reshape vehicle purchasing in Asia amid rising e-commerce adoption.

Investors see it as a model for Southeast Asian startups bridging with Greater China for mutual strengths.