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Reading: Singapore Cloud Communications Startup Toku Bags $5M to Fuel Global Growth
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Startups

Singapore Cloud Communications Startup Toku Bags $5M to Fuel Global Growth

Nicole Kristine Jovero
Last updated: November 26, 2024 10:24 pm
Nicole Kristine Jovero
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  • Toku raises $5M
  • Singapore startup conquers language barriers
  • Company eyes global markets under new leadership

Contents
Money in the BankTech that Talks Your LanguageGoing Places

Money in the Bank

Toku, the Singapore-based cloud communications provider, secured $5 million in Series A extension funding from Betatron Venture Group.

The latest round brings Toku’s total funding to $18 million since its 2018 launch.

Tech that Talks Your Language

The company plans to supercharge its AI-powered customer engagement solutions, which handle regional dialects across Asia-Pacific markets. Their technology targets complex language interactions where mainstream solutions often struggle.

Going Places

Under the guidance of newly appointed Advisory Board Chair Lim Hwee Hua, former Singapore Minister, Toku aims to expand into Hong Kong, South America, and Europe.

The company projects $30 million in revenue for 2024 and expects to reach profitability by 2025.

TAGGED:div5

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