In today’s briefing:
- Kyberlife lands US$3M to scale regional healthcare marketplace | e27
- Flagright clinches US$4.3M to bolster AI-native anti-money laundering solutions | e27
Kyberlife lands US$3M to scale regional healthcare marketplace | e27
- The Kyberlife team Kyberlife, a Singapore-based B2B healthcare e-commerce platform, has announced closing a US$3 million investment round.
- The funding was spearheaded by local VC firm 5I Ventures, with participation from East Ventures, A2D Ventures, and NUS Alumni Ventures.
- The newly secured funding will fuel Kyberlife’s next phase of regional growth, focusing on several key initiatives: Expansion into Indonesia: Kyberlife aims to onboard Indonesian vendors onto its platform, offering them cross-border business growth opportunities.
Flagright clinches US$4.3M to bolster AI-native anti-money laundering solutions | e27
- Singapore-based Flagright, an AI-native anti-money laundering (AML) compliance and risk management platform, has announced a US$4.3 million seed funding round.
- The investment was led by Frontline Ventures, with significant participation from existing investors including Y Combinator, Pioneer Fund, and Moonfire Ventures.
- Rubin Ritter (ex-co-CEO of Zalando), André Silva (ex-Global Head of Expansion at Revolut), Phillip Chambers (CEO of Orbex), Ahmed Badr (COO of GoCardless), Teng Sherng Lim (ex-CCO of Advance.
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