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Singapore AI firm Portcast raises $6.5m series A

Portcast, based in Singapore, announced the completion of a US$6.5 million series A funding round.

The investment was led by Susquehanna Asia VC with participation from Hearst Ventures, Signal Ventures, and existing investors including Wavemaker Partners, TMV, and Innoport.

The company plans to use the funding to advance its AI technology, which provides real-time insights and recommendations by integrating data from carriers and terminals.

Portcast aims to drive product innovation and strengthen its operations in the Asia Pacific and European markets.

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