Singapore edtech startup Geniebook raises $1.1m pre-Series A funding

Singapore-based edtech startup Geniebook has raised S$1.5 million ($1.1 million) in a pre-Series A funding round led by multi-asset investment firm Apricot Capital, according to a statement.

The capital raised will be used to expand and strengthen Geniebook’s data science and curriculum teams to improve its learning platform and for research and development purposes.

Established in 2016 by Alicia Cheong and Neo Zhizhong, Geniebook is an online platform that claims to offer students personalised lessons that specifically target their weaknesses.

“With the evolving education landscape in Singapore, the EdTech industry has been growing alongside this change in order to provide students with a better learning experience. Apricot Capital is delighted to support change-makers and innovative EdTech platforms such as Geniebook,” said Apricot Capital managing partner Darren Teo.

“We are looking forward to supporting their journey in making learning more accessible for every child and together, help shape and elevate the EdTech industry in Singapore,” he added.

Founded in February 2017 by David Teo and family, Apricot Capital is a diversified, multi-asset private investment company with business interests in real estate, oil and gas, consumer products and education.

Given the Singapore government’s push for digitization, many companies are turning to tech improve the lives of citizens of the city-state, and the education sector is no different.

Recently, Singapore-based edtech startup Cialfo raised $3 million in Series A funding led by DLF Venture. SEEDS Capital, YK Capital and various angel investors also joined the round.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.