- Toku raises $5M
- Singapore startup conquers language barriers
- Company eyes global markets under new leadership
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.