TOKU CLOSES USD 5 MILLION SERIES A EXTENSION AND APPOINTS FORMER SINGAPORE MINISTER LIM HWEE HUA AS ADVISORY BOARD CHAIR

SINGAPORE, Nov 21 (Bernama) -- Toku, Asia-Pacific’s leading provider of enterprise cloud communications and customer experience solutions, announced today the successful completion of a USD 5 million Series A Extension round led by Betatron Venture Group. The funding, which included participation from the Hong Kong Innovation and Technology Venture Fund (ITVF) and other investors, brings Toku’s total funding to USD 18 million since the launch of its operations in April 2018. This latest capital infusion will fuel Toku’s continued international expansion and advance its proprietary AI-powered solutions in customer engagement.

In addition to this funding milestone, Toku has established an Advisory Board to guide its strategic growth, with Mrs Lim Hwee Hua appointed as Chair. This move underscores Toku’s commitment to strong governance and strategic insight as it scales its operations.