AquaEasy Pte. Ltd. announced that it will receive SGD 1,000,000 in a round of funding on December 20, 2021. The company has signed agreement with the investor.

The company will issue unsecured convertible loan in the transaction. The transaction includes participation from new investor Qian Hu Corporation Limited. The loan bear interest at 5% per annum.

The loan will mature on June 30, 2023. The transaction is expected to close in January 2022.