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Asia PE-VC Summit 2021: 14 must-attend PE sessions to examine the Asia opportunity

Asia PE-VC Summit 2021: 14 must-attend PE sessions to examine the Asia opportunity
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Globant SA (via Public) / Globant Invests in English Speaking AI-App ELSA together with Google's AI-focused Gradient Ventures, VI Group and SIG, among others


02/17/2021 | Press release | Distributed by Public on 02/17/2021 13:35
Globant Invests in English Speaking AI-App ELSA together with Google’s AI-focused Gradient Ventures, VI Group and SIG, among others
Globant participates in Series B funding round to accelerate ELSA s growth, operations in Latin America
SAN FRANCISCO, February 17, 2021- Globant(NYSE: GLOB), a digitally-native technology services company, today announced it contributed $2.7 million to a Series B $15 million fundraise by ELSA, the world s leading English speaking and pronunciation app built with Artificial Intelligence. ELSA is investing in this AI-driven project to further contribute to improving humankind with AI.
Globant Ventures, the company s venture arm, participated in the round alongside lead investors VI (Vietnam Investments) Group and SIG. Other investors included Google s AI-focused fund Gradient Ventures, SOSV and Monk s Hill Ventures, Endeavor Catalyst and U2 s The Edge (David Ev ....

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Edtech Startup ELSA Secures Series B Funding, to Enhance Its Presence in Indonesia


Edtech startup ELSA enhanced development in Indonesia
Currently reached 200K users from Indonesia with 30%-50% monthly growth in average
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Edtech services have been increasingly in demand during pandemic, many players have competing hard to present products with their respective targets. This opportunity was also used by the San Francisco-based edtech startup ELSA (English Language Speech Assistant) after securing $15 million in Series B funding led by VI (Vietnam Investments) Group and SIG. ....

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Monk's Hill-backed edtech startup ELSA raises $15m in Series B


Monk’s Hill-backed edtech startup ELSA raises $15m in Series B
ELSA co-founder and CEO Vu Van
January 31, 2021
AI-based English learning app ELSA has raised $15 million in its Series B round co-lead by VI (Vietnam Investments) Group and international investor SIG.
Previous investors Gradient Ventures, an AI-focused venture fund launched by Google; SOSV; and Monk’s Hill Ventures also participated in this round. New investors include Endeavor Catalyst and Globant Ventures, which will facilitate ELSA’s expansion efforts in Latin America.
ELSA, which stands for English Language Speech Assistant, last secured $7 million in its Series A round led by Gradient Ventures in 2019. ....

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