Singapore Tech Startup iCOOL Secures US$4.5 Million in Angel Funding

Aug 14, 2024

to Launch an AI-Powered Product-Personalisation and Co-Creation Platform

Singapore - August 14, 2024 —

iCOOL Pte Ltd, a consumer technology and innovation company headquartered in Singapore, announces the successful completion of a US$4.5 million angel investment round. The funding round was led by GreaterHeat, known for its AI and Web3 infrastructure expertise, with participation from the Singapore-based family office, BishopGate Pte Ltd.

With this round of funding, iCOOL will launch its AI-powered platform in South Korea this year. While specific details remain confidential, the company's innovative approach will offer consumers unprecedented creative freedom in creating personalized merchandise.

David Li, Chairman and CEO of GreaterHeat, shares his vision of how technology will transform consumer choices and behavior. He stated, "We're entering a new era where individuals can unlock their creativity to meet their unique needs. iCOOL is committed to driving this change through ongoing investments in AI and advanced consumer technologies. This initial funding round marks the beginning of our long-term commitment to this field.”

About iCOOL Pte Ltd.:

iCOOL Pte Ltd is a Singapore company that leverages AI and manufacturing technologies to revolutionize consumer choices and purchasing behaviors. The company is built on the vision that consumers should be given the freedom and ability to create merchandise that is unique and personalized.

Contact Info:
Name: Grace Zhou
Email: Send Email
Organization: Raffles Public Relations
Website: https://rafflespr.com.sg/

Disclaimer:

This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed.

You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence.

Release ID: 89138454

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