Quest Drop

Asia Dealbook: Sony buys Altair for $200m; Adways invests in Daylight Studios; mPrest raises $20m


Sony is consolidating and strengthening its position with the acquisition of Altair Semiconductor, while Tokyo-based Adways has made an undisclosed investment in game studio Daylight Studios and defence contractor mPrest has secured a $20 million Series A investment.

Game publisher Quest Drop partners with payment provider MOL

Mobile game publisher Quest Drop, a subsidiary of Daylight Studios which specialises in game operations in the ASEAN markets, has formed a strategic partnership with payment provider MOL, the third largest payment provider in Southeast Asia. The partnership is aimed at enhancing the support infrastructure for mobile games published in Southeast Asia. The deal makes… Read more »

Daylight Studios raises $704k funding in series A round

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 »