Cialfo raises US$40 million to reach '100 million students'

AI platform Cialfo has raised US$40 million in Series B as it continues on its mission to simplify the college application process by connecting high school students, counsellors, families and universities digitally.

The total investment the Singapore-based edtech company has now raised is $57m. In early 2021, it announced $15m in investment in Series A funding, including a $3m investment raised in 2019...