Ai Pallete Secures $5.8 Million in Series A1 Funding

by Kay Aloha Villamor in March 8th, 2024

Ai Palette, a Singapore-based technology company that provides AI-powered solutions for product innovation, has secured $5.8 million in Series A1 funding. 

SaaS Investors  

The round was led by Tin Men Capital, with participation from existing investors – Exfinity Ventures and Pi Ventures.  

Founded in 2018, Tin Men Capital is a Singapore-based venture capital fund management company that focuses exclusively on B2B tech companies in Southeast Asia.   

Ai Palette Use of Funds  

The company plans to use the funds to expand into beauty and personal care and nutraceuticals while enhancing its generative AI capabilities, aiming for global expansion.   

About Ai Pallete  

Established in 2018 by Somsubhra GanChoudhuri and Himanshu Upreti, Ai Palette is a company that delivers AI-driven product development solutions to businesses operating in the food and consumer packaged goods (CPG) sectors. The company offers a suite of AI-driven services that enable the discovery of emerging trends, the creation of new product concepts, and virtual validation of these concepts based on consumer preferences. Its proprietary technology harnesses predictive analytics, natural language processing, and computer vision to capture trends from diverse data sources, processing over 61 billion data points and delivering insights in 18+ languages. Based in Singapore with an engineering hub in India, Ai Palette serves a global clientele through its sales headquarters in the United States. 

Funding Details               

Company: Ai Palette Pte Ltd.  

Raised: $5.8M      

Round: Series A1  

Funding Month: February 2024                                              

Lead Investors: Tin Men Capital  

Additional Investors: Exfinity Ventures and Pi Ventures  

Company Website:  

Software Category: Product Development  







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