CRAFT La, a creative skills sharing platform from Malaysia, has just raised RM1.1 million (~USD $260k) in funding.
The funds were raised via equity crowdfunding (ECF) on MyStartr, with the participation of 104 investors.
- Founded in 2017 by Paul Chan, CRAFT La started out as a marketplace for local artisan products, and eventually pivoted to include a creative skills learning platform.
- The fresh funds will be used to expand across Southeast Asia, and to provide a broader range of courses from creative instructors.
- CRAFT La is currently in the midst of developing new courses to cater to other languages, and also to introduce a new B2B business model.
- As of Feb 2021, CRAFT La averages over 500 new students per month, according to their report on MyStartr.