VC leads $4.2M funding AI startup

ICCP SBI Venture Partners (ISVP), a joint fund between two of the oldest operating and leading venture capital (VC) firms in Asia, successfully raised the "Series A" funding round of $4.2 million for Singapore-based X0PA AI, a leader in AI-powered hiring solutions.

Other investors in the round were Seeds Capital, a funding agency of the Singapore Government's Enterprise Singapore; US-based AI8 Ventures; XCEL NEXT Ventures of Taiwan; and SASV Investments of India. The new funding would support growth into new markets and the launch of trailblazing inclusive hiring innovations.