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AI startup Parallel Loop raises $6.6 million in seed funding led by 3one4 Capital

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AI startup Parallel Loop raises $6.6 million in seed funding led by 3one4 Capital

Parallel Loop, a software development startup positioning itself as an enterprise AI operating partner, has raised $6.6 million in a seed funding round led by 3one4 Capital as it formally launches its business to help enterprises integrate AI into their existing technology systems, workflows and operations.

The funding round also saw participation from Picus Capital, Flourish Ventures, Economic Development Innovations Singapore, Paytm founder and CEO Vijay Shekhar Sharma, CRED founder Kunal Shah, Philip Yeo, former chairman of Singapore's Economic Development Board and A*STAR, and other investors.

Founded in June 2026 by Prateek Jogani and Yujun Chean, Parallel Loop works with mid-market and large enterprises to develop AI capabilities that extend beyond individual productivity tools.

The startup has teams in Singapore, Bengaluru, Bangkok, London and Dubai. It said it has a team of 30 and serves more than 10 clients across industries and markets, including Licious and Havells in India and Tokio Marine Safety Insurance in Thailand.

Parallel Loop aims to address the challenges businesses face when attempting to scale AI adoption across their organisations.

While AI tools can help individuals complete tasks more efficiently, integrating the technology across an enterprise requires access to organisational knowledge, existing systems, business rules and operational processes.

Much of this information is spread across different software platforms, emails, meetings, messaging tools and individual teams, making it difficult for companies to incorporate AI into their day-to-day operations.

“Intelligence has become abundant. What many organisations lack is the context, systems and capability to turn this into tangible business outcomes,” said Prateek Jogani, co-founder of Parallel Loop.


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