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Data Vantage: Rainforest bags funding, Nium allots shares to SOCASH investors, and other updates - Vimarsana News

Data Vantage: Rainforest bags funding, Nium allots shares to SOCASH investors, and other updates

Rainforest announced raising $45 million in the first close of its Series A funding round.

SG-based e-commerce brand aggregator Rainforest lands $45m in fresh funding - Vimarsana News

SG-based e-commerce brand aggregator Rainforest lands $45m in fresh funding

The latest funding was led by Canopy Tropics, a subsidiary of Southern Capital.

Singapore's mum-focused e-commerce brand aggregator Rainforest raises $45M in equity funding - Vimarsana News

Singapore's mum-focused e-commerce brand aggregator Rainforest raises $45M in equity funding

This latest financing brings Rainforest’s total capital to over $100 million since its launch in January 2021, the company further expects to reach profitability by the end of 2022.