SingTel Innov8

Robotera’s investor base now includes 16 industrial backers like Alibaba, Lenovo, and Geely Capital.

Everyone’s a venture builder in Southeast Asia … until it’s time to build something that lasts. Here’s why most get it wrong and what the region truly needs next.

Founded in 2016, viAct leverages AI and computer vision to enhance safety in high-risk industries.

The latest funding brings the total capital raised in its Series A round to US$21.7 million.

Filings show that the transaction also removes the US$740,000 in paid-up share capital that Singtel Innov8 injected into Vizzio.

Dennis Lee, the CTO of dot-com startup Elipva infamous for falsifying his credentials, has resurfaced as Jon Lee, CEO of AI firm Vizzio.

Tech in Asia recently reported that the company’s losses for FY2022 jumped to US$20 million despite having doubled its revenue.

MDI Ventures, GGV Capital, Telkomsel Mitra Inovasi, and Singtel Innov8 are also set to participate in Privy’s new fundraise. 

The capital injection will help Innov8 expand its portfolio across Southeast Asia, China, Israel, Australia, and the US.

Airalo said the number of daily users on its platform has grown 15x since October 2019.