Hepmil Media Group, a Singapore-based, technology-driven media company, has announced a $10 million Series A funding round led by Quest Ventures, Pavilion Capital, and Bent Pixels, according to an announcement.
Founded in 2015, Hepmil Media Group runs popular digital content platforms such as SGAG, MGAG, PGAG as well as the digital creator agency Hepmil Creators’ Network (HCN). Hepmil Media Group has evolved to attain capabilities in technology and production, talent and cast management, as well as in providing media inventory specific to the e-sports sector in Southeast Asia.
The funding, Hepmil Media’s first from institutional investors since its founding in 2015, will be used to support its expansion plans in Southeast Asia. The company is targeting Vietnam and Thailand in its expansion plan next year.
“Through expansion and investing in capabilities building to push new, innovative solutions for brands, we hope to be able to redefine Southeast Asia’s digital media and entertainment sector, and to remain the preferred platform for brands to work with,” said Karl Mak, CEO & co-founder of Hepmil Media Group.
With a presence in four markets across Southeast Asia, Hepmil Media Group claims that it witnessed a strong revenue performance in 2020 despite pandemic-driven challenges. To date, its creator network partners reached over 300 of the region’s top digital content creators who generate over 3 billion monthly views.
“With an increasingly digitalised audience in Southeast Asia, consumers and organisations seek differentiated, alternative, and now-current avenues to communicate, converse and convert,” said Jeffrey Seah, partner, Quest Ventures.
Quest Ventures’s portfolio companies include unicorns and well-established firms such as Carro, Carousell, ShopBack, 99.co, and others. Most recently, Quest Ventures and Singapore-based maritime venture builder ShipsFocus jointly launched a $7.5 million (S$10 million) fund to invest in early-stage maritime startups.
Co-investor Bent Pixels is a gaming lifestyle media platform. Founded in 2009, Bent Pixels draws on over a decade of expertise and deep relationships in the fast-paced, high-growth online video space.