FutureLab, a Malaysian startup that runs an online mentorship platform, has just secured $478,000 in a Pre-Series A funding round.
The funding round was led by Sarawak Digital Economy Corporation (SDEC), with the participation of US investment group Indelible Ventures and Singapore Edtech accelerator, EduSpaze.
Funds raised by FutureLab will be focused on scaling up its operations in Malaysia, and to onboard more learning institutions (and corporations) into its mentoring platform.
Moving forward, the company also plans to improve its product offerings, and to launch a new multilingual mobile application for learning.
“FutureLab was founded to help fresh graduates address the disconnect they often experience when transitioning from their studies to joining the workforce. Since then we have grown to offer mentorship opportunities for young working professionals and aspiring entrepreneurs,” mentioned founder of FutureLab, Brian Tan.