PetrolPrice Closes Pre-Seed Round at $2M Valuation, Backed by Balaji Fund
Singapore, May 2026 — Press release
PetrolPrice, the platform helping drivers and businesses track and compare fuel prices across Southeast Asia, has closed its pre-seed funding round at a $2 million valuation. The round was led by Balaji Fund, the rolling fund by Balaji Srinivasan, via AngelList.
Balaji Srinivasan has backed a wide variety of startups including Benchling, Luma, OpenSea, Polymarket, to name a few. Balaji was also an early investor in many important crypto protocols including Bitcoin, Ethereum, Solana, Avalanche, Chainlink, NEAR, Polygon, XMTP, and Zcash. Learn more about the Balaji Fund here.
The investment marks a significant vote of confidence in PetrolPrice's mission to bring transparency to fuel pricing in a region where petrol costs directly impact the daily lives of millions.
"We're building the go-to resource for fuel price intelligence in Southeast Asia," said Aaron Nagai, Founder of PetrolPrice. "Having Balaji on board is a tremendous milestone for us — it validates both the problem we're solving and the scale of opportunity ahead."
About PetrolPrice
PetrolPrice is a Southeast Asia-focused platform providing real-time fuel price tracking and comparison for consumers and businesses. Learn more at petrolprice.xyz.
For investor enquiries: invest@petrolprice.xyz