--- url: 'https://qubit.capital/blog/sea-seed-weekly-funding-roundup-week-4-june-2026' title: 'SEA Seed Weekly Funding Roundup (Jun 15-22, 2026): $16.9M Raised Across 2 Deals' author: name: Mayur Toshniwal url: 'https://qubit.capital/blog/author/mayur' date: '2026-06-22T03:32:28+05:30' modified: '2026-06-22T15:52:28+05:30' type: post summary: 'SEA seed funding Jun 15-22, 2026: FLOQ raised $11.3M for Indonesia''s crypto market and Pints AI raised $5.6M for auditable bank AI. $16.9M total.' categories: - Weekly Funding Roundup image: 'https://qubit.capital/wp-content/uploads/2026/06/featured-sea-seed-67844.webp' published: true --- # SEA Seed Weekly Funding Roundup (Jun 15-22, 2026): $16.9M Raised Across 2 Deals Southeast Asia’s seed market stayed narrow this week, with two fintech rounds adding up to $16.9 million. Indonesia’s FLOQ took the larger share at $11.3 million, while Singapore’s Pints AI raised $5.6 million. Both companies work in financial technology, and both built their pitch around compliance rather than growth at any cost. The shared thread is easy to read. Investors in the region are backing teams that treat regulation as a product feature. FLOQ is preparing for Indonesia’s shift of crypto oversight to its financial regulator. Pints AI sells AI that banks and insurers can audit decision by decision. Neither is chasing a quick consumer land grab. They’re building for institutions that have to answer to regulators. Weekly Funding Roundup JUN 15-22, 2026 $16.9M TOTAL RAISED 2DEALS CLOSED MixedSTAGE $8.4MAVG DEAL SIZE SEATOP REGION BY STAGE Seed$11.3M67% Pre-Seed$5.6M33% BY SECTOR FLOQFintech and digital assets$11.3M Pints AIFintech and enterprise AI$5.6M Table of Contents - [1. FLOQ Raises $11.3M For Indonesia's Digital Asset Market](#1-floq-raises-$11-3m-for-indonesia-s-digital-asset-market) [Deal Overview](#deal-overview) - [Investor Profile](#investor-profile) - [Company and Leadership](#company-and-leadership) - [Problem and Opportunity](#problem-and-opportunity) - [Product and Technology](#product-and-technology) - [Use of Proceeds and Vision](#use-of-proceeds-and-vision) - [Market Context](#market-context) - [2. Pints AI Raises $5.6M To Bring Auditable AI To Banks](#2-pints-ai-raises-$5-6m-to-bring-auditable-ai-to-banks) [Deal Overview](#deal-overview-1) - [Investor Profile](#investor-profile-1) - [Company and Leadership](#company-and-leadership-1) - [Problem and Opportunity](#problem-and-opportunity-1) - [Product and Technology](#product-and-technology-1) - [Use of Proceeds and Vision](#use-of-proceeds-and-vision-1) - [Market Context](#market-context-1) - [Lessons For Founders](#lessons-for-founders) ## 1. FLOQ Raises $11.3M For Indonesia’s Digital Asset Market ### Deal Overview - Stage: Seed, the company’s first external round - Sector: Fintech and digital assets - Geography: Indonesia - Round size: $11.3 million - Valuation: Not disclosed ### Investor Profile [FLOQ](https://floq.id) raised its round co-led by MD Capital and AscentHFX Group. This is the first institutional capital the company has taken since it started in 2025. The backers are betting on a platform built ahead of Indonesia’s regulatory shift rather than one racing to capture trading volume during a price spike. That timing matters in a market where several exchanges grew fast and then ran into compliance questions. ### Company and Leadership FLOQ was founded in May 2025 by Yudhono Rawis, the former CEO of Tokocrypto, one of Indonesia’s largest crypto exchanges. He also spent time with Binance and KPMG Indonesia before this venture. By June 2026 the platform reported 1.8 million registered users. That base gives a young company a running start, and the founder’s prior role brings exchange relationships that are hard to build from scratch. ### Problem and Opportunity Indonesia has one of the most active crypto markets in Southeast Asia, but oversight is changing. Regulation of digital assets has moved to the Financial Services Authority, known as OJK. That shift raises the bar for any exchange that wants to keep operating. FLOQ is aiming at the investors who want a platform that can pass tighter rules. As the market formalizes, retail and institutional users both need somewhere they trust to hold and trade assets. ### Product and Technology FLOQ runs a digital asset trading platform for retail and institutional clients. Beyond spot trading, the company has disclosed plans for derivatives, a rupiah-backed stablecoin, and FLOQ Academy, an education service for users. The company says it’s investing in institutional-grade infrastructure, cybersecurity, and compliance systems. It hasn’t detailed the underlying exchange technology, so the early moat rests on the founder’s track record and regulatory readiness rather than a unique data asset. ### Use of Proceeds and Vision FLOQ plans to spend the $11.3 million on technology upgrades, stronger cybersecurity, and compliance systems aligned with the new OJK regime. The capital also funds the derivatives products, the rupiah stablecoin, and the launch of FLOQ Academy. CEO Yudhono Rawis frames the strategy around the next phase of the market. He says investors today are more selective, and the focus is on institutional-grade infrastructure rather than short-term cycles. ### Market Context Crypto transactions in Indonesia reached 482.23 trillion rupiah in 2025, with about 19.56 million asset holders by November of that year. That’s a large pool for any platform to serve. FLOQ competes with Tokocrypto, the founder’s former company, along with Indodax, Pintu, and Reku. The trends working in its favor are regulatory formalization under OJK, rising demand for derivatives, and growing interest in local-currency stablecoins. ## 2. Pints AI Raises $5.6M To Bring Auditable AI To Banks ### Deal Overview - Stage: Seed, described as a pre-Series A round - Sector: Fintech and enterprise AI - Geography: Singapore - Round size: $5.6 million - Valuation: Not disclosed ### Investor Profile [Pints AI](https://pints.ai) raised its round led by Tin Men Capital, with SBI Ven Capital co-leading. SEEDS, NTUitive, SUTD Venture Fund, and Tenity also joined. The mix of an enterprise-focused fund, a bank-affiliated investor, and university-linked backers fits a company selling into regulated finance. These are investors who understand long sales cycles and compliance reviews. ### Company and Leadership Pints AI was founded in 2021 and is based in Singapore, with deployments in Hong Kong, India, and the United States. Co-founder and CEO Partha Rao spent more than 20 years scaling technology businesses across Asia Pacific, including senior roles at DHL. Co-founder and CTO Calvin Tan has 15 years in AI engineering and enterprise systems. He’s pursuing a PhD in AI at the Singapore University of Technology and Design and was previously a senior officer at Singapore’s Ministry of Defence. ### Problem and Opportunity Banks and insurers want to automate underwriting, claims, and onboarding. The blocker is accountability. Regulators want to know why an AI system made each decision, and most general models can’t show their work. That gap is widening as regulators tighten rules on explainability and data governance. Pints AI targets the institutions caught between the pressure to automate and the need to stay compliant. ### Product and Technology The company’s core product, Autothought, connects to the core systems of banks and insurers and produces a full audit trail for every AI-assisted decision. It’s built to meet the requirements of regulators including the Monetary Authority of Singapore, the Reserve Bank of India, and the Hong Kong Monetary Authority. Pints AI owns the whole stack, including a domain-specific model called 1.5 Pints LM trained for insurance, plus cloud or on-premise deployment for data sovereignty. The company reports the platform can cut underwriting times by up to 40% and onboarding times by up to 70%, and that 12 institutions have saved a combined $10 to $13.2 million. ### Use of Proceeds and Vision The $5.6 million will expand the engineering team and strengthen governance and audit capabilities across new regulatory environments. A large slice is set aside for Autothought Studio, a toolset that will let financial institutions build and manage their own AI applications in-house. The company’s vision is enterprise AI for regulated industries, built around systems that institutions can understand and trust. It wants to grow into more regulated markets without giving up the auditability that sets it apart. ### Market Context The market for AI in regulated financial services is growing quickly as banks and insurers move from experiments to production deployments. The 2026 trend is clear: regulators want traceable, accountable AI, and pilots that can’t prove their decisions are getting shelved. Pints AI competes with horizontal enterprise AI platforms, foundation-model providers, and fintech automation vendors. Its edge is the regulator-aligned, full-stack approach with a proprietary insurance-trained model and on-premise options for sensitive workflows. ## Lessons For Founders - Compliance can be the pitch. Both FLOQ and Pints AI sold investors on being ready for tightening rules, not on dodging them. - Founder pedigree shortens the runway. A former exchange CEO and a defense-and-AI engineering pair gave both teams credibility and relationships that money can’t buy quickly. - Owning the full stack builds switching costs. Pints AI’s own model plus deep system integration is harder to rip out than a thin layer on top of someone else’s API. - Time the regulatory shift. FLOQ raised right as Indonesia moved crypto under OJK, turning a market change into a reason to invest now. - Show real numbers. Saved staff days, faster onboarding, and concrete user counts moved both rounds further than vision statements alone.