Singapore EdTech firm Cialfo secures a further $20M Series B funding led by Tiger Global

Cialfo has secured a further $20 million in funding as part of a Series B extension, led by United States-based investment firm Tiger Global. The news follows January’s announcement of a $40 million round co-led by global investment firm Square Peg, and Australian-headquartered SEEK Investments. This brings the total raised to date to $77 million, including the initial $15 million in Series A funding in February 2021. The latest funding will help the company to achieve its mission by increasing its investment in strategic markets and initiatives, including special scholarships for students in its global community.