Edtech startup Cialfo raises US$3m in Series A funds for US expansion
Claudia Chong
Singapore
CIALFO, a college admissions platform headquartered in Singapore, has raised US$3 million in equity for its Series A round led by DLF Venture, with support from Enterprise Singapore investment arm Seeds Capital, YK Capital and angel investors.
DLF Venture is a family-owned holding company based in Luxembourg. It focuses on edtech, healthcare, food and beverage, and digital and media. YK Capital is the private investment vehicle of a Singapore family office, focusing on seed to Series B investments in fintech, medtech and edtech.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Is it time to scrap COE categories for cars?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?