CloudMile, a leading Taiwan-based AI solutions provider, has raised $20 million in strategic funding to scale its enterprise AI offerings throughout Southeast Asia. The round was led by NEXUS CVC with participation from TFB Capital, the venture arm of Taipei Fubon Bank. The investment highlights CloudMile’s growing regional footprint and its position as one of Taiwan’s strongest AI technology startups.
CloudMile will use the capital to expand its AI software capabilities across high-tech manufacturing, financial services, retail, and education. NEXUS CVC’s support will deepen CloudMile’s role in semiconductor and electronics sectors, while TFB Capital will help advance AI-powered automation, cybersecurity, and customer experience solutions within financial institutions.
The company’s strategy centers on three pillars: industry-focused AI agents through its MileAI suite, security-driven AI development via its MSSP model, and its LumiTure.ai platform for AI-enabled FinOps optimization across multi-cloud environments. CloudMile has doubled revenue across Singapore, Malaysia, Indonesia, and the Philippines over the past two years and continues to expand with dual headquarters, new R&D hubs, and regional Centers of Excellence.
Featured image: Credit: CloudMile
