BlueOrchard has increased its investment in PolicyStreet’s Series C funding round by USD 5 million, raising the total capital raised to USD 26 million, according to KrASIA. This additional funding aligns with other backers including the InsuResilience Investment Fund, Schroders Group, Khazanah Nasional, Cool Japan Fund, Altara Ventures, and Gobi Partners.
PolicyStreet, based in Malaysia, continues to attract strong interest from institutional investors, reflecting growing confidence in its insurance technology platform. The expanded Series C round will support the company’s growth initiatives and regional expansion plans.
For Japanese investors, this development highlights the increasing flow of capital into Southeast Asian insurtech firms, a sector that stands to benefit from the region’s rising digital adoption and insurance penetration.