K25.ai Secures Additional $4M from NewGen, Valuation Reaches $100M

According to K25.ai, the Singapore-based AI startup secured an additional US$4 million commitment from Nasdaq-listed NewGenIVF Group Limited on June 4, bringing NewGen's total investment to US$6 million and valuing K25.ai at an implied US$100 million.

K25.ai founder and CEO Andy Cheung and two co-founders will join NewGen's board as non-executive directors. Cheung will also lead NewGen's digital asset treasury strategy. K25.ai, which is preparing for launch, currently has over 35,000 users on its waitlist.

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