Pilon: Raises $5.2 million in seed funding
- Pilon works with suppliers to provide them with immediate access to their owed payment
- Announced that it has successfully raised a seed round of USD 5.2 million
- Wavemaker Partners led this round, with participation from Octava Pte Ltd and Polaris Kin Pte Ltd
- The venture-built company enables Southeast Asia’s small and medium-sized enterprise suppliers
- With the new funds, the company will also scale up business acquisition and talent in areas like marketing and technology
- Aims to bridge the gap and foster healthier relationships between buyers and suppliers which has been a longstanding concern
