In today’s briefing:
- Needle Raises $1.2m to Help Optimize Ecommerce Marketing with AI
Needle Raises $1.2m to Help Optimize Ecommerce Marketing with AI
- Needle, an AI-powered marketing platform from Singapore, has raised US$1.2 million in its pre-seed round led by Iterative, with participation from Ethos Fund and Goldbell Financial Services. Angel investors, including Rainforest founder JJ Chai, also joined the round.
- The fresh capital will be used to expand Needle’s team, consisting of data scientists, AI trainers, and engineers.
- Needle helps ecommerce brands optimize their marketing activities. By analyzing data from various platforms, Needle provides personalized recommendations and automates campaign creation, helping firms reduce costs and improve return on investment.
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