Farquhar VC Backs EdTech AI Startup Catius

Singapore-based Farquhar VC (FVC) has announced a significant investment in Catius Inc, a South Korean EdTech AI startup. This move marks Catius as the second Korean company to join FVC's expanding portfolio, following Sicpama, a food and beverage retail-tech firm.

• Investment Details: FVC's investment in Catius Inc comes after a pre-A round led by Smilegate Investments and STIC Ventures. This investment further strengthens FVC’s presence in the South Korean market.

• Track Record: Established in 2020, FVC has invested in over 40 global startups, leveraging its network of mid-sized and large corporates to provide targeted market access and facilitate growth.

• Recent Partnerships: FVC has signed partnership agreements with the Goyang Investment Authority to foster startup growth between South Korea (Goyang Special City) and Singapore/Southeast Asia.

• Future Plans: The firm is set to invest in high-growth Korean startups through its Green Future Fund in 2024 and 2025.

FVC’s ongoing efforts underscore its commitment to fostering international startup ecosystems and expanding market access through strategic investments and collaborations.