Willowmore's New Funding Round to Drive Innovation and Market Growth
Singapore – 06 November, 2024 – Willowmore Pte Ltd, a pioneering force in smart access control, is pleased to announce the successful completion of its latest funding round, supported by existing investors SEEDS Capital and Oriza Greenwillow Technology Fund.
The proceeds from this round will be strategically invested in enhancing Willowmore’s industry-leading platform, WMSenseHub, which integrates access control, facilities management, video analytics, and an advanced building management system. This investment will enable us to better serve our existing customers, including key industry leaders and public sector organisations like Assa Abloy, CBM Pte Ltd, People’s Association (PA), and the Public Utilities Board (PUB), by refining and expanding our AI-driven, multi-functional platform to meet and exceed their evolving needs. Additionally, it will support our efforts to scale operations, attract new customers, target growth in new markets, including China, and expand our presence in Indonesia.
“We are thrilled to have the continued support of our esteemed investors, Seeds Capital and Oriza Greenwillow Technology Fund,” said Basil Byrne, Co-CEO of Willowmore. “This investment will enable us to enhance our cutting-edge technology solutions, ensuring that we provide even better service to our existing customers while also attracting new ones. It positions us to remain at the forefront of the industry as we continue to grow and innovate.”
“Oriza Greenwillow Technology Fund is excited to support Willowmore in this next phase of growth,” said CK Tan, Managing Partner at Oriza Greenwillow Technology Fund. “Willowmore’s AI-driven platforms and commitment to automation are game-changers, and we are proud to be part of their journey toward transforming the industry.”
“SEEDS Capital is pleased to have been an early investor, and part of Willowmore’s journey to develop innovative solutions with the potential to revolutionise the smart access control market,” said Tan Kaixin, General Manager at SEEDS Capital. “We look forward to supporting Willowmore’s growth as it continues to scale and grow into new international markets.”
Willowmore’s robust platforms and solutions are trusted by a diverse range of customers and partners across various industries in both the private and public sectors. Our key clients include Assa Abloy, CBM Pte Ltd, City Developments Limited, the Ministry of Manpower (MOM), People’s Association(PA), Protelindo, the Public Utilities Board (PUB), Singapore Mass Rapid Transit (SMRT), the Singapore Land Authority (SLA), Telkomsel, and more.
For more information about Willowmore and its innovative solutions, please visit www.willowmore.com.sg or contact [email protected].
Media Contact:
Elizabeth Tang
Marketing Manager
[email protected]
ABOUT ORIZA GREENWILLOW TECHNOLOGY FUND
The Oriza Greenwillow Technology Fund is a venture capital fund set up jointly by Greenwillow Capital Management Pte Ltd, an MAS-licensed fund management company based in Singapore, and Oriza Holdings, an investment firm from China with assets under management exceeding RMB100 billion. The Fund invests in early-stage technology start-ups in Singapore and the fast-growing markets of Southeast Asia, with a primary focus on the smart cities and health-tech sectors.
ABOUT SEEDS CAPITAL
As the investment arm of Enterprise Singapore, SEEDS Capital catalyses smart investments into innovative Singapore-based early-stage startups with strong intellectual content and global market potential. It adopts a co-investment model, working hand in hand with institutional investors from around the world. Leveraging its collective expertise and networks, SEEDS Capital helps startups commercialise, realise their business development plans and expand globally. It focuses investments into emerging and strategic sectors aligned with national priorities, including Manufacturing, Trade & Connectivity, Human Health & Potential, Urban Solutions & Sustainability, and Smart Nation & Digital Economy.
ABOUT WILLOWMORE
Willowmore, a Singapore-based technology company with a global presence, empowers organisations to revolutionise their operations through cutting-edge smart platforms. Specializing in secure smart access control systems and AI-powered analytics for a variety of Internet of Things (IoT) devices, including CCTV and sensors, Willowmore caters to both enterprise and government clients. These solutions enhance security, optimise operations, and provide a data-driven competitive edge6
