Eduardo Saverin’s B Capital co-leads $6m round of Singapore B2B sales platform

Nektar.ai, a business-to-business sales productivity startup based in Singapore, raised an additional US$6 million seed round of funding.

More funding details

• Lead investors: B Capital Group, 3One4 Capital, and Nexus Venture Partners
• Other investors: Amit Midha, president for Asia Pacific and Japan at Dell; Ritesh Agarwal, founder and CEO of Oyo Hotels; Kevin Merritt, ex-president of data and insights at Tyler Technologies, Evan Davidson, vice president of Asia Pacific and Japan at SentinelOne; Deep Nishar, senior managing partner at SoftBank; and Tom Donlea, vice president and general manager for Asia Pacific at Ekata
• Stage: Seed round

More company updates

• Nektar.ai intends to use the funding to accelerate product development and hire talent for its core team across product, engineering, and go-to-market functions.
• The latest round of funding takes the total seed amount raised by the startup to US$8.1 million.
• In November 2020, it raised US$2.1 million in a seed round led by Nexus Venture Partners.
• Nektar.ai compares its AI-powered guided selling solution to customer relationship management systems like Salesforce.
• “Nektar.ai’s solutions provide great value to distributed revenue teams, which is even more important as enterprises conduct further business across global markets,” said Gabe Greenbaum, general partner of B Capital Group, Facbook co-founder Eduardo Saverin’s investment firm.
• Currently, the startup has employees across five countries including Singapore, India, Australia, Indonesia, and Vietnam. It says that 50% of its workforce are women.

For more coverage of the company, head here. You can also click on the link below to view key details about the company as well as its funding history.