Qlue to Expand Smart City Services to Global Market
Smart city platform developer startup Qlue announced additional Series B1 funding from Japan-based Intellectual Capital Management Group (ICMG). "ICMG is a strategic investor for Qlue to scale up our solutions in various cities in Japan," Qlue Founder Rama Raditya said Thursday, without elaborating the investment value.
On a separate occasion, ICMG management said the investment is crucial in providing smart city services in Indonesia and other Asian countries. "We plan to expand Qlue's artificial intelligence monitoring solution to various tier 1 and tier 2 cities in Indonesia and other regions in Asia, such as Vietnam, the Philippines, Thailand, and Japan," ICMG management said.