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Stock impact report

iKala Secures Over $20 Million in Series B+ Funding, Led by Chunghwa Telecom [Yahoo! Finance]

Chunghwa Telecom Co., Ltd. (CHT) 
US:NYSE Investor Relations: cht.com.tw/en/ir/stockit-earningsit.html
Company Research Source: Yahoo! Finance
of its Series B+ funding round today, led by Chunghwa Telecom. The total raised amount is million (approximately NT$660 million ), pushing iKala's total fundraising to over $50 million (approximately NT$1.55 billion ). Existing investors include Wistron Digital Technology Holding, Huitung Investments, Honesty Ventures, and Cherubic Venture. This funding will boost iKala's AI research and development and enhance its footprint in Japan and Southeast Asia , establishing itself as Asia's premier AI transformation solution provider. Chunghwa Telecom, a prominent provider of communication, network, cybersecurity, cloud infrastructure, and integration solutions, is ramping up efforts to meet cloud demands and boost AI research. Recognizing iKala's expertise in cloud services, data analytics, AI research, and its strength in expanding into the Japanese and Southeast Asian markets, Chunghwa Telecom strategically led investment in the B+ Round of iKala. The collaboration between Chunghwa Te Show less Read more
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