Amity Plants Global AI Research Hub in Singapore After US00M Series D
Source: Frontier Enterprise
A Thailand-founded enterprise AI company has chosen Singapore as the global home of its AI research following a US00 million Series D round led by EDBI, marking another vote of confidence in the city-state's position as Southeast Asia's AI anchor.
A Southeast Asian enterprise AI company that just raised US00 million is planting its global AI research flag in Singapore — and the move says plenty about where the region's AI gravity is shifting. Thailand-founded Amity has officially launched its Singapore office alongside an AI Research & Application Center (ARAC), turning the city-state into both its regional headquarters and the worldwide home of its AI research ambitions.
The expansion is backed by the company's recent Series D — a US00 million round led by EDBI, the corporate investment arm of EDB and Enterprise Singapore, alongside Asia Partners and SMDV. Amity is targeting US00 million in annualised revenue by end-2026 and has its sights set on a public listing in 2027. The Singapore hub is central to both goals.
Amity's platform already serves over 10 million monthly active users across more than 20,000 organisations in over 20 countries. Its subsidiary Tollring recently moved to acquire UK-based Code Software, signalling that this is not just a Singapore story but a regional consolidation play with Singapore as its engine room. The company is deploying capital across three priorities: accelerating Agentic AI development through ARAC, pursuing strategic M&A in Europe and Southeast Asia, and hiring top-tier engineering and commercial talent locally.
The ARAC is not a typical corporate R&D lab. Unlike general-purpose AI platforms, its models are built for the operational complexity of Asian enterprises — the channel diversity, language variation, and industry-specific workflows that define how large organisations actually run. Current development focuses on agentic AI systems capable of executing end-to-end business processes autonomously, plus vertical models for retail, telecommunications, and other services. Amity plans to create up to 60 AI research and engineering roles in Singapore over the next three years.
Why it matters for Singapore: This is EDBI doing exactly what it was designed to do — anchor high-value AI research and regional decision-making in Singapore. Beyond the headline numbers, what stands out is the "Build-Buy-Bridge" framework ARAC operates on: the recognition that AI research needs a deliberate path to commercial impact. For Singapore's tech talent market, 60 specialised roles may seem modest, but they represent the kind of high-skill, high-multiplier employment that builds ecosystem depth. Each new AI research hub increases Singapore's gravitational pull for the next one.
