Singapore-based Kyberlife, a B2B e-commerce platform for healthcare, has secured $3 million in funding. The investment round was led by 5I Ventures, with contributions from East Ventures, A2D Ventures, and NUS Alumni Ventures. Since its inception in 2021, Kyberlife has been dedicated to simplifying the procurement of critical healthcare equipment. The platform boasts a streamlined process that cuts procurement time by an impressive 40% on average. Currently, it offers around 1.2 million products from 160 brands, serving prestigious institutions like the National University of Singapore and the National Cancer Centre of Singapore. With the new funds, Kyberlife plans to expand across Southeast Asia, targeting Singapore, Indonesia, and Thailand. The company aims to increase its vendor portfolio tenfold within three years. Additionally, Kyberlife will introduce new categories such as laboratory instruments and chemical reagents, and invest in AI and data analytics for personalized product recommendations.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
