Wise AI, a rising star in Malaysia’s tech scene, has announced a successful Series A funding round.
- Funding Amount: The startup raised an undisclosed eight-figure sum from key investors, including MTDC, VT-SBI, and Sunway iLabs Ventures.
- Investor Insights: The investors have shown strong confidence in Wise AI’s growth, with MTDC highlighting the company’s role in advancing AI technology, VT-SBI appreciating its potential in Southeast Asia, and Sunway iLabs praising its global recognition and technological achievements.
- Mission: Wise AI aims to deliver digital identities to 680 million people in Southeast Asia, with plans to enhance its eKYC solutions globally.
- Future Plans: Wise AI plans to increase its presence in Thailand, Indonesia, Philippines, Vietnam, and Brunei, localizing solutions for each market.
This milestone, led by key investors, positions the company to make a significant impact in digital identity solutions across Southeast Asia.
