GPT-Powered Math App Seeks Funding at $100 Million-Plus Value
- Singapore-based Higgz trains algorithms to teach STEM subjects
- Startup has venture backers including Matrix, Qiming
The TutorEva app.
Source: Higgz Academia Technology
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Singapore-based startup Higgz Academia Technology Pte is in discussions with potential investors to lift its $100 million valuation in a fresh funding round and capitalize on OpenAI’s ChatGPT phenomenon.
The tutoring app developer last raised $20 million around two years ago from investors including Matrix Partners and Qiming Venture Partners, Chief Executive Officer Joey Sun said in an interview. ChatGPT’s rise to prominence has prompted prospective backers to hold early discussions with Higgz about another round of similar size, Sun said. The firm is slated to embed OpenAI’s chatbot into its app next month.