Amity raises over US$100 million in Series D extension led by EDBI, with Krungsri Finnovate joining as strategic investor. The Thai AI firm plans to develop AI-powered services and explore IPO.
Amount Raised
$100 Million
Round Type
Series D
ThailandArtificial IntelligenceMachine LearningNatural Language ProcessingInvestors
Description
Amity, a Thai AI firm, has secured over US$100 million in its Series D funding round as an extension. The investment came through Finnoventure Private Equity Trust I, managed by Krungsri Finnovate, joining earlier lead investors EDBI, Asia Partners, and SMDV. Amity and Krungsri are exploring commercial opportunities including a data partnership with Amity's subsidiary EGG Digital. The companies aim to develop AI-powered services for consumers and businesses, with Amity reporting over 10 million monthly active users across 20,000+ organizations.
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