Asian Tech Press (Mar. 22) -- Advance Intelligence Group, an AI-driven technology company in Singapore, is considering raising about $300 million in its latest funding round.

Citing sources familiar with the matter, Bloomberg reported that the Singapore-based tech firm is in preliminary discussions with its advisors regarding the planned funding.

Deliberations are still ongoing and it has not been fully determined whether to proceed with the funding round.

The startup, founded in 2016, raised more than $400 million in a Series D funding round led by SoftBank Vision Fund 2 last year and achieved a valuation of more than $2 billion.