SG edtech Cialfo raises $40m Series B led by Square Peg, SEEK Investments

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Singapore-based edtech startup Cialfo has raised $40 million in Series B funding led by global investment firm Square Peg Capital and Australia-headquartered SEEK Investments, according to a statement.

The round was also joined by existing investors SIG Global, Vulcan Capital, DLF Venture, January Capital and Lim Teck Lee. With this, the firm has raised a total of $57 million to date. Cialfo last raised  $15 million in its Series A round in February last year.

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