📝 usncan Note: Forbes Asia Releases Fifth Edition Of 100 To Watch List
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SINGAPORE (August 26, 2025) – Forbes Asia today released the fifth annual edition of the 100 to Watch list, which spotlights small companies and startups on the rise across the Asia-Pacific region. The 100 to Watch list, which can be found here and in the September issue of Forbes Asia, is sponsored by FedEx.
“Our fifth annual Forbes Asia 100 To Watch list showcases a range of innovative startups in fields including biotech, spacetech and green tech. They are utilizing advanced technologies like AI to enhance their products, which include gene-editing tools and propulsion systems for spacecraft. As a clear indication of their potential, these 100 startups have raised a combined total of nearly US$3 billion in funding to date,” says Rana Wehbe Watson, Editorial Director, Forbes Asia.
The 100 to Watch list offers a window into the vibrant world of startups and small companies in the Asia-Pacific region. A total of 16 countries and territories are represented on this year’s list. India leads the pack with 18 companies, followed by Singapore and Japan (14 each), China (9), Indonesia and South Korea (8 each) and Australia (7). Companies on the list are grouped under ten industry categories with the largest cohort (18) in biotechnology and healthcare followed by enterprise technology and robotics (16).
For the selection of the 100 to Watch list, Forbes Asia solicited online submissions, and invited accelerators, incubators, universities, venture capitalists and others to nominate companies as well. To qualify for consideration, companies had to be headquartered in the Asia-Pacific region, be privately owned for-profit ventures, and have no more than $50 million in annual revenue and no more than $100 million in total funding through August 15. Forbes Asia editors evaluated each submission, weighing factors such as impact on and contribution to their industry and region, market fit, promising business model, innovation, track record of consistent revenue growth and the ability to attract funding.
For the complete 100 to Watch list, please visit www.forbes.com/100toWatch
Join the conversation on social with the hashtag #100toWatch and follow @ForbesAsia on Facebook | Instagram | Twitter
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