PHNOM PENH – Canadia Group has launched Canadia Impact Fund Co. (CIFC), an initiative designed to support ambitious young Cambodian entrepreneurs. The fund’s first investment is in Jalat Logistics, a fast-growing delivery and last-mile logistics startup serving thousands of merchants across the country.
“This is an important step to support local founders who are building real solutions for Cambodian consumers and businesses,” said Thierry Tea, co-founder and CEO of Canadia Impact Fund.
“Jalat Logistics has demonstrated strong execution, customer reliability and the ability to scale. Our role is to help them grow even further.”
Supporting Growth in Tech, Logistics and Digital Commerce
Founded by three young Cambodian entrepreneurs recognized in Forbes 30 Under 30 Asia, Jalat Logistics has become one of the country’s leading local delivery platforms. The company has completed over one million deliveries with a 98% success rate, serves more than 6,500 merchants, and has processed over $20 million in cash-on-delivery transactions.
“We are committed to providing reliable, fast and transparent delivery services for our customers and merchants,” said Sethey Sou, CEO of Jalat Logistics.
“Being backed by Canadia Impact Fund strengthens our ability to improve our operations, technology and customer experience as we continue to grow.”
A Fund to Support the Next Generation of Cambodian Entrepreneurs
The launch of CIFC highlights Canadia Group and founder Lok Neak Okhna Pung Kheav Se’s continuous engagement since 1991 in supporting Cambodia’s economic development and local entrepreneurial community.
Canadia Group has been supporting traditional organizations such as Young Entrepreneur Association of Cambodia (YEAC), Cambodian Women Entrepreneur Association (CWEA) and SMEs with FASMEC.
Leveraging on the foundations of the group, CIFC sets a focus to double down in the innovation and sustainability ecosystem, believing in Cambodia’s long-term outlook by investing in sectors such as healthcare, education, technology, biotech, food, logistics and sustainable technology.
CIFC’s team is led by Thierry Tea, former CEO of Airbus Helicopters in the Philippines who has previously established Negocia Capital in Singapore, counting successful seed investments in French cleantech hybrid electric aerospace startup Ascendance, US-based office digital infrastructure startup GroWrk, Cambodian education startup Dichi Academy and some fintech platforms.
The founding team consists of experienced Cambodian and young international professionals with experience in finance, technology and business development such as Chhem Siriwat co-founder of AI Forum, Anandha Khaou formerly with Prestige Consulting and Jim Baldy previously co-founder of advertising and mobility startups.
In addition to supporting Cambodian startups, the fund is also open to investing in ASEAN-based companies that can bring new capabilities, technology and partnerships to Cambodia.
CIFC also connects with networks of global technology partners, including Google, Apple, Huawei, Alibaba, Grab and Bolt, to enhance regional connectivity and increase international visibility for Cambodian founders.
The fund collaborates with startup support networks such as Khmer Enterprise, Smart Axiata’s Startup Space, 2080 Ventures, Techo Startup Center, and Impact Hub to strengthen pathways for local founders.
“Our aim is to help foster more Cambodian founders, more Cambodian innovation, and more Cambodian success stories,” added Thierry Tea.
Momentum in Cambodia’s Startup Scene
Cambodia’s startup ecosystem continues to gain momentum through collaboration between the private sector, public institutions, and international development partners.
Programs from Impact Hub, FirstWave’s Founders First initiative, UNICEF’s Generation Future, the Ministry of Post and Telecommunications (MPTC)’s Plug and Play program and initiatives from Techo Startup Center are helping expand entrepreneurial skills development, mentorship and opportunities for young innovators.
Meanwhile, Phnom Penh has seen the rise of new innovation spaces such as Raintree and the recently launched Connexion Hub, a modern campus inspired by France’s Station F. Connexion in Koh Pich brings together startups working in edtech, cybersecurity, blockchain, AI, robotics, fintech, e-commerce, sport and consulting, reflecting the growing presence of tech-driven entrepreneurship in the city’s developing business district.
Within this environment, Canadia Impact Fund aims to support the next wave of Cambodian innovation, positioning Cambodia as a rising startup center in the region, where homegrown founders, domestic capital, and international partners can work together to create opportunities.
About Canadia Impact Fund
Canadia Impact Fund Co. (CIFC) is a corporate venture-capital affiliate of Canadia Group.
CIFC supports the next generation of high-potential founders building impactful and innovative startups by providing strategic capital, guidance, and access to extensive networks with opportunities for growth.
CIFC invests in transformative sectors including healthcare, education, technology and logistics to drive long-term economic growth across Cambodia and the ASEAN region.
About Jalat Logistics
Jalat Logistics is a Cambodian technology-driven logistics startup redefining last-mile delivery through dynamic mobile hubs.
Trusted by thousands of merchants and with more than one million deliveries completed, Jalat continues to raise service standards and accelerate Cambodia’s digital-commerce growth.
Media Contacts
Canadia Impact Fund
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Jalat Logistics
