CITIC Capital-backed entertainment firm Cityneon raises $177m

CITIC Capital-backed entertainment firm Cityneon raises $177m

Singapore. Photo by Andrew Kow on Unsplash

Cityneon, a Singapore-based entertainment company that focuses on interior design, events, and exhibition experiences, on Wednesday announced raising S$235 million ($177 million) in its latest private fundraising round

In an announcement, the CITIC Capital-backed firm said the funding round was backed by existing investors Pavilion Capital and EDBI, and new investors Seatown Holdings International, Qatar’s Doha Venture Capital, and Cityneon’s executive chairman and group CEO Ron Tan.

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