Taipei-based AI firm CloudMile has raised US$20 million in strategic funding to accelerate its AI solutions throughout Southeast Asia. The funding round was led by NEXUS CVC and joined by TFB Capital, the venture arm of Taipei Fubon Bank Financial Holding, one of Taiwan’s leading financial groups.

The investment underscores CloudMile’s rapid regional growth and robust technology capabilities, positioning it among Taiwan’s most promising AI startups. NEXUS CVC will support CloudMile in expanding AI applications in semiconductors and electronics manufacturing, while TFB Capital will strengthen AI and cybersecurity integration in financial services, including intelligent automation, AI-powered customer service, and fraud prevention.

“CloudMile’s proven track record in Taiwan, Singapore, and across Southeast Asia, combined with its Hybrid Cloud and Hybrid AI expertise, makes it a key player in driving the convergence of cloud, AI, and cybersecurity,” said PC Chen, Managing Partner & CEO at NEXUS CVC.

CloudMile continues to focus on three core strategies: MileAI, delivering industry-specific AI agent applications; MSSP, security-driven AI development to mitigate enterprise risks; and LumiTure.ai, an AI-driven FinOps platform for multi-cloud usage and operational optimization. LumiTure.ai is already deployed in finance, technology, healthcare, and education sectors across the region.

With dual headquarters in Singapore and Taiwan, a new AI Centre of Excellence in Malaysia, and local R&D teams, CloudMile has doubled revenue in Singapore, Malaysia, Indonesia, and the Philippines over the past two years. Strategic partnerships with government and industry players, including Singapore’s Economic Development Board and Malaysia’s Cradle, have further accelerated its regional growth.

“Our mission is to be the driving force that empowers enterprises to harness AI effectively, turning AI vision into real business value,” said Spencer Liu, Founder and Chairman of CloudMile Group. “Our regional presence and partnerships allow us to connect global technological innovation with the unique needs of Southeast Asia.”

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