SG-based industrial AI startup Ailytics raises $7.4m led by Tin Men Capital

Ailytics began as a joint HDB and NUS project and now counts more than 400 deployments in 15 countries, including the US, Australia, Japan and Saudi Arabia. DealStreetAsia reported its US$7.4 million Series A, led by Tin Men Capital, which also led the previous round, with SG Growth Capital and Japan’s Safie joining. The funding takes the Singapore vision AI start-up, run by co-founders Lenard Tan (CEO) and Prateek Manocha (CTO), into the US, wider Asia Pacific and the Gulf.