Efficient Capital Labs raises $11M in Series A funding

Quick Summary:

The investment will be utilised to power ECL's expansion into Singapore and Southeast Asia, the company said in a press release.

This approach allows ECL to offer more accurate and holistic financing solutions to companies that might otherwise be overlooked by traditional US-based financing providers.

The round included participation from existing investors Riverside and Generalist, as well as new investors FJ Labs and Eudemian Ventures.

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: IndiaSingapore

Topics: Capital Company Investors Financing Terms Singapore Policy Companies Asia Information Privacy

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 10:15:54 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 206 words

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Sentences: 15 lines

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