Taiger, a startup specialising in applied artificial intelligence (AI) solutions, today disclosed a US$5.8 million funding deal to push Singapore’s AI capabilities forward in line with the country’s “Smart Nation” initiative. Its technology covers human-machine natural language interaction, semantic search, and information extraction.
Singapore-based Taiger, which specialises in applied artificial intelligence (AI) solutions, has successfully closed its S$8 million ($5.87 million) Series A round, led by Tembusu ICT Fund I and state-backed investor SGInnovate.
Founding CEO Steve Leonard talks to Disruptive.Asia about SGInnovate’s mission, where it fits in Singapore’s Smart Nation vision, and the importance of making sure investments in advanced tech serve the Bigger Picture.
One of the key steps towards achieving this goal is fostering corporate involvement, and investment, in the startup community.
Steve Leonard, the founding chief executive of SGInnovate, sees the current deep tech focus as a sign of maturation of Singapore’s ecosystem.