Edtech startup Cialfo raises US$3m in Series A funds for US expansion

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.