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Singaporean AI startup secures $342k pre-seed funding
NextGen.AI, a Singapore-based AI startup, has obtained a S$450,000 (around US$342,000) pre-seed investment from Picasso Fang of Asiawide Print Holdings.
With the new funding, NextGen.AI plans to boost its research and product development.
The focus will be on personalized knowledge-based models as the company aims to grow its market presence in Malaysia, Vietnam, and Indonesia.
The startup develops AI-powered tools, including a chatbot called ConverseAI and a strategy mentor named StratAI, designed to improve business operations by improving lead engagement and offering strategic guidance.
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