# CloudMile

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloudmile

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.mile.cloud
- Total disclosed funding: $30M
- Latest round: Series C (Oct 14, 2025)
- Investors on record: 6

## About

Founded by Spencer Liu, in 2017 and based in Singapore, CloudMile Inc. is an artificial intelligence services and cloud provider dedicated to making AI the driving force behind enterprise growth. In October 2025, CloudMile Inc. raised USD 20 million in series C funding led by new investor NEXUS CVC Partners, with participation from another new investor TFB Capital Co., Ltd. The company will use the October 2025 funding to support strengthen its AI technology research and development and expand its commercial applications.

CloudMile Inc. specializes in cloud and AI solutions that facilitate digital transformation for enterprises. Its offerings include cloud migration, application modernization, hybrid cloud management, and intelligent applications powered by machine learning and big data analytics. The flagship product, LumiTure.AI, is designed to optimize financial operations across diverse cloud environments. The company's solutions serve over 1,200 enterprises in Singapore, Hong Kong, Taiwan and Malaysia, focused on enhancing operational efficiency and scalability.

The company generates revenue through service contracts and subscription-based models, focusing on business-to-business clients with tailored cloud solutions and ongoing support services.

The company will use the October 2025 funding to support strengthen its AI technology research and development and expand its commercial applications.

## Funding rounds

- Series C, Oct 14, 2025, $20M — NEXUS CVC Partners, TFB Capital Co., Ltd.
- Series B, Jan 13, 2021, $10M — CDIB Capital Group, Yuanta Investment, Wanfeng Auto Holding Group, Substance Capital (HK) Limited

## Investors

- CDIB Capital Group (https://capitalatlas.ai/funds/cdib-capital-group) — Series B
- Yuanta Investment (https://capitalatlas.ai/funds/yuanta-investment) — Series B
- Wanfeng Auto Holding Group — Series B
- Substance Capital (HK) Limited — Series B
- NEXUS CVC Partners (https://capitalatlas.ai/funds/nexus-cvc-partners) — Series C
- TFB Capital Co., Ltd. — Series C