BeLive Technology Raises S$6M in Bridge Funding

BeLive Technology

BeLive Technology, a Singapore-based provider of live streaming solutions in Southeast Asia, raised S$6m in bridge funding.

FTAG Ventures led the bridge funding round.

The company intends to use the funds to grow the team, further innovate and build product lines, deepen AI and machine learning capabilities in live streaming, and expand its operations beyond Southeast Asia.

Led by CEO Kenneth Tan, BeLive Technology is a provider of live streaming solutions in Southeast Asia. The company’s platform employs advanced artificial intelligence and machine learning developed specifically for live video analysis, live shopping, and interactive live streaming. Live streams powered by BeLive Technology have reached more than 100 million viewers worldwide, amounting to more than 50 million hours of content.

BeLive Technology, which employs 80 people across its locations in Singapore, Vietnam, and Shenzhen, powers live commerce for businesses like Zalora, Tumi and Bath & Bodyworks under the Valiram Group, Rakuten Group, and Bukalapak, and has delivered live video to over 100 million viewers worldwide.

Shareholders include notable names such as Mediacorp, Singapore’s largest content creator and national media network, and the current Speaker of the Parliament of Singapore Mr Tan Chuan Jin.

FinSMEs

17/01/2022