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

January 23, 2023