SINGAPORE -- More than 35 venture capital funds with a complete or partial focus on Southeast Asia are currently in the market to raise over $4.2 billion, VC announcements and DealStreetAsia data show. While not all these funds are expected to hold a final close this year and most are targeting investments in multiple markets, the fundraising spree does indicate high investor confidence in Southeast Asia's growth prospects and its startup ecosystem. The biggest among the funds on the road so far is set to be Singapore-headquartered B Capital Group's second fund.