SaaS startup Capillary Technologies has increased its Series D round to $140 million, with $20 million designated for employee stock ownership plan (ESOP) payouts.

The company plans to use the fresh funding to fuel AI initiatives (generative loyalty) and global expansion.

The Singapore-based company's initial Series D round in June last year, which raised $45 million, has now surged to over three times its original size from the same group of investors, led by Avataar Venture Partners.. Other investors........

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