ICCP SBI Venture Partners (ISVP), a joint fund between two of the oldest operating and leading venture capital (VC) firms in Asia, successfully raised the Series A funding round of $4.2 million for Singapore-based X0PA AI, a leader in AI-powered hiring solutions.
Other investors in the round were SEEDS Capital, a funding agency of the Singapore Government’s Enterprise Singapore, US-based AI8 Ventures, XCEL NEXT Ventures of Taiwan and SASV Investments of India. The new funding will support growth into new markets and the launch of trailblazing inclusive hiring innovations.
ISVP is a joint fund between ICCP Venture Partners from the Philippines and SBI Holdings, a Japanese financial conglomerate, which operates one of Japan’s largest VC practices.
ICCP Venture Partners is a member of the Investment & Capital Corporation of the Philippines (ICCP) Group of Companies, a diversified conglomerate engaged in investment banking, venture capital, industrial estate and township development, and exposition facility complex management.