Nur Atifi · · 1 min readSingapore AI analytics firm bags funding from GDP Ventures, others
6Estates, a Singapore-based AI analytics firm, has completed a series B funding round led by GDP Venture. Central Capital Ventura, the venture arm of Indonesia’s Bank Central Asia, also participated. The amount raised wasn’t disclosed.
The company will use the fresh capital to invest further in its proprietary cognitive data intelligence solutions and to expand its research and development team.
It plans to develop its Bahasa Indonesia natural language processing capabilities and collaborate with Bank Central Asia to enhance the bank’s AI competencies.
The funding will also bankroll 6Estate’s efforts to broaden its footprint globally. The company will set up an office in Indonesia and is eyeing China and other Southeast Asian markets.
6Estates was spun off from NExT, a joint research project involving the National University of Singapore and China’s Tsinghua University.
Editing by Eileen C. Ang
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