Korean AI startup Skelter Labs raises $10M to expand to Southeast Asia

Korean AI startup Skelter Labs raises $10M to expand to Southeast Asia

5 years ago
Anonymous $yysEBM5EYi

https://techcrunch.com/2018/11/04/skelter-labs-raises-10m/

Korean AI startup Skelter Labs is expanding to Southeast Asia after it pulled in $10 million in new funding led by Singapore-based VC firm Golden Gate Ventures.

Skelter Labs was founded in 2015 by founded by Ted Cho, the former engineering site director at Google Korea. It started out developing apps and services that made use of AI but then it pivoted to focus fully on AI tech, which it licenses out to companies and corporations that it works with. This new money is aimed at enabling it to move into Japan and parts of Southeast Asia, with Vietnam, Thailand and Malaysia specifically mentioned