Chu Swee Yeok
Funds came from Sequoia Capital, Temasek, Burda Principal Investments, Sofina, EDBI and existing investors.
Investment round led by Credence Partners, EDBI, and other investors.
EDBI, the investment arm of the Singapore Economic Development Board, has invested in California's RetailNext, which specialises in IoT retail analytics for brick-and-mortar stores.
Royal Philips and EDBI, the corporate investment arm of the Singapore Economic Development Board (EDB), will jointly invest in select, high-potential digital health companies from around the world seeking to break into the Asian market through Singapore.