SG-based Rainforest raises $21.5m via convertible notes as losses widened in 2022

SG-based Rainforest raises $21.5m via convertible notes as losses widened in 2022

From left to right: Rainforest co-founders Per-Ola Röst (also the company's CTO), JJ Chai (CEO) and Jason Tan (CFO).

Rainforest Life, a Singapore-headquartered e-commerce brand aggregator, has announced raising $21.5 million in convertible notes from existing investors as its losses surged 5X in 2022.

Edited by: Joymitra Rai

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