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Singapore AI firm NextBillion.ai clinches top prize at start-up
Congrats to our newest GeoTech, NextBillion.ai, an AI, mapping and #geospatial startup on winning Enterprise Singapore's #SLINGSHOT2020 #deeptech startup pitching competition yesterday at SWITCH Singapore #SWITCHSingapore. NextBillion.ai emerged as Grand Winner over 7,500 participating startups from 159 countries.
"In June, it raised US$7 million (S$9.35 million) in its Series A funding round led by venture capital firms Lightspeed Venture Partners and Falcon Edge Capital. Mr Bulusu said: "The real work starts now and our aim is to build a global deeptech SaaS (software as a service) company out of Singapore.
"Location will and always be at the heart of NextBillion.ai and we hope we enable enterprises across the world with the best ecosystem possible to run their businesses.""
Read the full Straits Times article here.