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Singapore Tech Startup iCOOL Secures US$4.5 Million in Angel Funding

ByEthan Lin

Aug 15, 2024

iCOOL Pte Ltd, a consumer technology and innovation company headquartered in Singapore, announces the successful completion of a US$4.5 million angel investment round. The funding round was led by GreaterHeat, known for its AI and Web3 infrastructure expertise, with participation from the Singapore-based family office, BishopGate Pte Ltd.

With this round of funding, iCOOL will launch its AI-powered platform in South Korea this year. While specific details remain confidential, the company’s innovative approach will offer consumers unprecedented creative freedom in creating personalized merchandise.

David Li, Chairman and CEO of GreaterHeat, shares his vision of how technology will transform consumer choices and behavior. He stated, “We’re entering a new era where individuals can unlock their creativity to meet their unique needs. iCOOL is committed to driving this change through ongoing investments in AI and advanced consumer technologies. This initial funding round marks the beginning of our long-term commitment to this field.”

About iCOOL Pte Ltd.:

iCOOL Pte Ltd is a Singapore company that leverages AI and manufacturing technologies to revolutionize consumer choices and purchasing behaviors. The company is built on the vision that consumers should be given the freedom and ability to create merchandise that is unique and personalized.

Disclaimer:

This content is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, you are advised to conduct your own additional research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence.

Ethan Lin

One of the founding members of DMR, Ethan, expertly juggles his dual roles as the chief editor and the tech guru. Since the inception of the site, he has been the driving force behind its technological advancement while ensuring editorial excellence. When he finally step away from his trusty laptop, he spend his time on the badminton court polishing his not-so-impressive shuttlecock game.

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