Singapore's Kids-Tech Startup myFirst Partners SGX-listed Fu Yu for Major Expansion to 20,000 Locations including North America
SINGAPORE, Apr 4, 2024 - (ACN Newswire) - Singapore's myFirst Tech Holdings Pte Ltd's ("myFirst") has appointed SGX Mainboard-listed Fu Yu Corporation Limited ("Fu Yu") as its exclusive contract manufacturer to propel a major North American expansion of its kid-safe digital platform.
- SINGAPORE, Apr 4, 2024 - (ACN Newswire) - Singapore's myFirst Tech Holdings Pte Ltd's ("myFirst") has appointed SGX Mainboard-listed Fu Yu Corporation Limited ("Fu Yu") as its exclusive contract manufacturer to propel a major North American expansion of its kid-safe digital platform.
- The two homegrown companies signed a S$15 million contract today for Fu Yu to commence mass production this month.
- Following a Pre-Series A funding round from Lynx Asia Partners and angel investors, myFirst is set to expand its presence in North America, increasing from 4,000 to over 20,000 locations, including major retailers like Walmart, Costco, and Best Buy.
- G-Jay Yong, Co-founder and CEO of myFirst, said, "myFirst is excited to partner with a fellow Singaporean homegrown company in our global expansion.