The South Korean EdTech artificial intelligence (AI) startup Catius Inc., whose lead investors in the pre-A round include Smilegate Investments and STIC Ventures, has announced its investment by Singapore venture capital fund Farquhar VC (FVC).

The second Korean startup to join FVC's portfolio of high-growth companies is Catius, according to a statement the company released on Monday. Sicpama is a retail-tech company focused on food and beverages, in which FVC, Infobank IAccel, and the Daegu Center for Creative Economy & Innovation invested in February 2024.

Additionally, FVC has recently signed two partnership agreements: one with Twin Ventures to support cross-border startup agreements between the two countries and regions, and yet another involving the Goyang Investment Authority to facilitate mutual startup advancements between Singapore, Southeast Asia, and South Korea (Goyang Special City).

In addition, FVC is currently negotiating potential funding partnerships with a number of Korean government agencies and business associations. Furthermore, its innovation-advisory subsidiary is about to launch a cooperative accelerator program designed to enable startups in South Korea's southern region to explore opportunities for worldwide expansion.

Jason Su, FVC's Managing Partner and Chief Financial Officer, expressed thanks for the trust he has been given to use funding and acceleration to assist entrepreneurs expand globally. FVC, which was founded in 2020, has invested in more than 40 foreign startups, helping them grow through access to certain markets and its network of major and medium-sized businesses. Recent investments include Aevice Health and EMERGE Group. Throughout 2024 and 2025, FVC plans to invest through its Green Future Fund in rapidly expanding Korean companies.