Toku Singapore

TOPLINE

Catalist-listed Toku makes enterprise AI push as it pursues growth over near-term profit

The company sees strong demand for the technology aligning with its expansion across global markets

Today, the convergence of artificial intelligence (AI), automation and real-time context is empowering service teams to resolve issues with the speed, accuracy and consistency that did not exist before, says Toku founder and chief executive officer Thomas Laboulle.
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Toku offered 63 million placement shares and two million public offer shares at S$0.25 each.

Customer experience platform Toku closes 14% above IPO price on Catalist debut

The company offers AI-based cloud communications services to businesses

Toku's IPO draws 1,115 valid applications for its public tranche of two million shares at S$0.25 a piece.

Customer experience platform Toku’s IPO 31.9 times subscribed

The company raises total gross proceeds of about S$16.3 million

One of Toku's key technologies is in AI, which transcribes, summarises and then analyses conversations for sentiment.

Customer experience tech startup Toku files preliminary prospectus for Catalist IPO

It will use the proceeds to fund R&D, market expansion and to improve its financial position