AEI Legal advised the founders of BasisAI (now Aicadium) in the acquisition by Temasek’s Aicadium. Aicadium was founded by Temasek to create and scale AI solutions as a global centre of excellence, leveraging data scientists, engineers and a platform of AI algorithms. BasisAI provides scalable and responsible AI solutions via Bedrock, its end-to-end machine learning platform, and has deployed solutions for Singapore Airlines, ComfortDelgro, DBS, UOB and OCBC.

Congratulations again to Feng-Yuan Liu, Linus Lee and Silvanus Lee on the exit.

Read more:
https://www.businesstimes.com.sg/garage/temaseks-aicadium-acquires-local-startup-basisai

AEI Legal advised e-commerce aggregator Rainforest on its US$20M pre-Series A round.

Huge congratulations to the Rainforest team - JJ Chai, Jason Tan, Per-Ola Röst and Janitha Navaratnam - it’s a real pleasure to work in close partnership with this trailblazing team.

Read more on Techcrunch:

https://techcrunch-com.cdn.ampproject.org/c/s/techcrunch.com/2021/09/07/e-commerce-aggregator-rainforest-raises-20m-just-months-after-its-last-funding/amp/

AEI Legal advised AI-powered social media analytics firm Radarr (previously known as Circus Social), on their pre-series A round led by Inflection Point Ventures.

Businesses across Asia & the world, including several Fortune 500 companies, use Radarr for intelligence and insights.

Read more on Entrepreneur:
https://www.entrepreneur.com/article/368506