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Singaporean Business MyFirst Plans US Listing for Global Expansion
Singaporean company MyFirst plans to list in the US and raise $2 million for international expansion. Executive Director Brian Tan reveals they have secured $1.7 million, emphasizing the use of funds for global growth. Founded in 2018, MyFirst operates in 36 countries, with Japan being its largest market.
The company considers an IPO in the US, having received an invitation. Investors, including K-Startup Grand Challenge and EduSpaze, contribute to MyFirst's funding. The global market for kids' smartwatches is expected to reach $2.64 million by 2027.
MyFirst aims to bridge the gap in children's technology, providing a safe digital ecosystem with smartwatches, cameras, and more. The company focuses on creating an engaging and secure environment for kids' interaction with modern technology, emphasizing its role in reimagining education for children.
Offering features like voice calls, video, and messaging, MyFirst ensures kids can connect safely. Parents benefit from advanced GPS and geofencing to monitor their children's location, along with an SOS button for emergencies.