Cambodia Investment Review
Cambodia’s startup landscape has received a significant boost with three local entrepreneurs named in the 2025 edition of Forbes’ “30 Under 30 Asia” list, an annual recognition of the region’s most impactful young changemakers.
Sou Sethey, Sou Sreyphoung, and Lylay Ung—co-founders of Jalat Logistics—were acknowledged under the “Retail and E-Commerce” category for their role in building one of Cambodia’s most innovative last-mile delivery solutions. Their inclusion marks a milestone for Cambodia’s tech ecosystem, highlighting the country’s growing relevance in Southeast Asia’s digital economy.
Tech-Driven Logistics for Local Needs
Founded less than three years ago, Jalat Logistics has quickly established itself as a standout player in Cambodia’s evolving logistics sector. The company operates a technology-powered delivery platform focused on last-mile B2B services, with a particular emphasis on supporting small and medium-sized enterprises (SMEs).
Read More: Satori Giants and X Venture Holdings Invest in Cambodian Startup Jalat Logistics
A core feature of Jalat’s model is its use of AI to optimize delivery routes and the deployment of “mobile warehouses”—trailers stationed strategically throughout Phnom Penh to enable faster access to parcels. This system allows drivers to fulfill same-day deliveries more efficiently by reducing the distance between packages and their final destinations.
“In Cambodia, there is a growing appetite for e-commerce, and the challenge has always been reliable, reasonably priced, and fast logistics,” said co-founder and CEO Sou Sethey in an earlier interview. “We wanted to solve that using technology and localized solutions that work for our country’s infrastructure, our riders, and our SMEs.”
Investor Confidence in Cambodia’s Tech Sector
Jalat’s success has not gone unnoticed by the investment community. In 2024, the company secured funding from a mix of local and regional investors, including Cambodia-based IG International Group and two venture studios from Singapore and Hong Kong—Satori Giants and X Venture Holding. The funding round underscored increasing investor confidence in Cambodian startups and the broader potential of Southeast Asia’s digital infrastructure.
The startup’s achievements reflect a broader trend of tech-driven entrepreneurship in the Kingdom, where young founders are building scalable solutions to address real-world inefficiencies across logistics, finance, and agriculture.
Recognition and Forward Momentum
Being featured on the Forbes list places Jalat’s founders alongside regional heavyweights such as Canva’s Melanie Perkins and Razorpay’s Harshil Mathur—entrepreneurs whose companies have achieved global recognition. Now in its ninth year, the Forbes 30 Under 30 Asia list is seen as a benchmark of influence and innovation among young leaders across industries.
Despite the international acclaim, Jalat’s founders remain focused on their mission. According to company representatives, the team is doubling down on expanding nationwide operations, with a goal of making high-speed, reliable logistics services accessible to businesses of all sizes, not just in Phnom Penh but across the country.
Their recognition signals not only a personal achievement for the three founders but also a wider validation of Cambodia’s potential as a hotbed for tech innovation in the region.
As regional investors and ecosystem builders look increasingly toward emerging markets for the next wave of disruption, Cambodia—and ventures like Jalat—are positioning themselves to be part of the story.
