Weeloy secures $3.6m funding from Malaysia's FirstFloor Capital

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Singapore-based Weeloy, a technology and marketing solutions provider catering to restaurants, said it had closed a $3.6 million funding round led by FirstFloor Capital, a Malaysian venture capital investment firm specialising in high-growth technologies. 

According to the company, proceeds from the round will fund further development and enhancement of the technology and product offering, aggressive marketing, as well as expansion into new markets that include Thailand, Hong Kong, Malaysia, Indonesia and others. 

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