ABAKA Raises $5M in Series A Funding for Asia Expansion
London-based AI company ABAKA has secured $5 million in its Series A funding round, led by Lingfeng Capital and Thames Trust. The company will use these funds to fuel its expansion in Asia and enhance its AI-powered recommendation engine.
The funding round saw participation from both new and existing investors, although specific names aside from Lingfeng Capital and Thames Trust remain undisclosed. ABAKA, a digital retirement solutions provider, will utilise the capital to support its international expansion in Asia and further develop its AI-powered hyper-personalized recommendation engine. This engine is designed to provide tailored recommendations to users based on their unique preferences and needs.
The successful closure of the Series A funding round, with $5 million raised, marks a significant milestone for ABAKA. The company is now well-positioned to accelerate its growth in Asia and continue innovating in the AI recommendation space.
