Meet the latest unicorn from SG that has not had a single client in the city-state

Trax co-founders, chief executive officer Joel Bar-El (left) and chief commercial officer Dror Feldheim

Singapore-headquartered Trax recently emerged as the region’s latest unicorn after a $125-million funding round led by China’s Boyu Capital. The company, which provides computer vision solutions for retail, had last year secured funding from Warburg Pincus.

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