In October 2016, Razer had acquired Lucas-founded theatre audio firm THX.
By Shiwen Yap
Temasek has 15 unicorns, while GIC has 5 in its current portfolio.
ONE Championship is seeking to leverage on the growing appeal of the MMA in the Asian markets. This deal comes in the aftermath of the sale of the Ultimate Fighting Championship to a consortium led by Silver Lake for a consideration of approximately $4 billion, highlighting its appeal as a mainstream entertainment event and the evolution of the fighting discipline over time.
US-based high-end gaming hardware designer Razer is planning to launch a corporate investment fund targeting venture capital (VC) investments in 2016. Last year, the firm supposedly reached a billion dollar market capitalisation when Intel made an undisclosed investment in the firm. A TechCrunch report confirmed with its Singaporean CEO and co-founder, Tan Min-Liang, that the firm was planning to… Read more »
Temasek Holdings unit Heliconia Capital Management is targeting local enterprises that wish to expand abroad demonstrated by its recent cornerstone investment in local food and beverage multi-dining concept brand Jumbo Group. Jumbo Group surged in its trading debut after selling shares in the city-state’s largest initial public offering (IPO) to date for… Read more »
Independent game developer Daylight Studios, a studio based in Singapore, has successfully raised $704,000 in a series A funding round led by Raffles Venture Partners and various angel investors. Amongst the angels is former Singtel Chairman Koh Boon Hwee, who previously invested in Singaporean gaming peripheral maker Razer. More recently, Koh invested in the seed… Read more »