- Briefing Your roundup of Asian tech and startup news that matter
Aditya Hadi Pratama · · 1 min read500 Startups, AC Ventures join seed round of Singapore B2B edtech startup
Singapore-based ProSpark, a business-to-business (B2B) learning management system aimed at corporate clients, has secured an undisclosed amount in its latest round of funding.
More funding details
- Lead investor: AC Ventures
- Other investors: 500 Startups, Azure Ventures, Prasetia Dwidharma, Assembly Ventures, and some angel investors
- Stage: Seed funding
More company updates
- Currently, the company operates in Indonesia and the Philippines.
- Alfa Bumhira, CEO and co-founder of ProSpark, told Tech in Asia that the company has raised a total of over US$1 million since inception and plans to expand into Vietnam in the future.
- The edtech firm in a statement said that it plans to use the funds to continue expanding its commercial footprint, boost its technology infrastructure, and solidify its position in the market.
- It currently counts Gojek, Bank Sampoerna, Kopi Kenangan, Northern Star Energy, and PasarPolis as its customers.
- This latest fundraise comes after ProSpark raised an undisclosed sum in pre-seed funding led by early-stage venture capital firm Agaeti Venture Capital in April last year.
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.
Editing by Collin Furtado and Jaclyn Tiu
(And yes, we’re serious about ethics and transparency. More information here.)
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
