CARSOME raises US$30m fresh capital to support growth and AI-driven expansion

Petaling Jaya, Malaysia – CARSOME Group Inc announced that it has raised more than US$ 30m in a strategic investment round involving new and existing investors, including the Hong Kong Investment Corporation Limited (HKIC), Gobi Partners, and Asia Partners.

The Southeast Asia-based integrated car e-commerce platform said the funding reflects investor confidence in its path toward profitability and long-term regional strategy, following its reported record financial year 2025 (FY25) performance. The company stated that the new capital will be used to support continued profitable growth across the region.

According to CARSOME, the investment also signals a broader collaboration aimed at strengthening ties between Southeast Asia and Greater China. The company noted that Hong Kong’s position as a regional gateway could facilitate advancements in areas such as automotive technology, supply chain sourcing, and talent development. 

It added that the partnership would support the increased application of data and artificial intelligence (AI) within its operations.

“CARSOME has spent the last several years focused on building a resilient, profitable business with strong fundamentals,” said Eric Cheng, CARSOME Group co-founder and CEO. “This strategic collaboration and fundraise is a vote of confidence in our continued momentum and long-term vision.”

He added, “This partnership gives us crucial access to innovation capabilities, cross-border networks, and world-class talent that will support our work in AI, data, and next-generation mobility services across Southeast Asia.”

Clara Chan, chief executive officer of the HKIC, said, “We are pleased to support CARSOME as part of our continued effort to harness technology to drive industry transformation, contributing to Hong Kong’s long-term economic development and resilience.”

He added, “With Hong Kong’s unique position as a gateway connecting global innovation and investment opportunities, CARSOME exemplifies the type of high-conviction, technology-driven enterprise that aligns with the HKIC’s mandate to foster scalable innovation across our strategic sectors. We look forward to supporting forward-thinking companies like CARSOME in creating tangible value for the future of Hong Kong.”

Meanwhile, Chibo Tang, managing partner of Gobi Partners, said, “CARSOME is a leading example of how Southeast Asian startups are well-positioned to create close ties with partners in Greater China, leveraging each region’s unique strengths. We are pleased to be a returning investor in CARSOME, having supported them for almost a decade.”

He added, “Gobi was an early believer in CARSOME’s ability to scale across international borders, and we are happy to see their early potential come to fruition as they reimagine the way consumers across Asia purchase vehicles.”