Mighty Bear Games

Singapore mobile games studio Mighty Bear closes seed round


In a statement, Mighty Bear claimed the seed round is one of the largest in Southeast Asia.

Temasek Group said to consider $1.32b bid for UK school group: Report

CVC Capital Partners is also reportedly examining the bid while Singapore’s sovereign wealth fund GIC is among other potential bidders.

Toyota gains access to data on driving patterns across SE Asia with $1b Grab bet

The data gives Toyota insight into fleet management as it develops services including futuristic concepts such as pay-per-use mobile restaurants.

HK robo-adviser Quantifeed raises $10m Series A led by Cathay Financial

Quantifeed says the Series B round will fuel its regional growth in Asia.

SG Dealbook: Allied Tech raises $18.6m; Gloria Mansion on sale for $58m

Singapore’s Allied Technologies has raised $18.6 million through a private placement to four investors

SG Digest:Tribe Theory enters Indonesia, India; Gordian Capital opens Shanghai office

Tribe Theory, a REAPRA-backed operator of global hostels and hotel brands for startups and budding entrepreneurs, has expanded into Indonesia and India.

Singapore’s Sea raises $575m in convertible notes on back of strong demand

The net proceeds will be used for business expansion and supporting the growth of its e-commerce platform Shopee.

Record PE vehicles make fundraising challenging for smaller managers: Chris Leahy, Blackpeak

“For the PE landscape, the big LPs have learnt from the GPs, and they are beginning to write their own terms, and one of the first things they seek is co-investments. While this has been around for a long time, it is increasingly the case with the more sophisticated LPs – they are almost competing with GPs, they are also having a say in the deals the GP does,” Leahy said.

SGX-listed Ho Bee Land acquires London office asset for $861m

With the Ropemaker Place deal, Ho Bee Land’s investment portfolio in London now stands at $1.7 billion.

Singapore’s GIC, Sequoia China invest $40m in Korean fintech startup Viva Republica

With this, the fintech app Toss parent has secured a total funding till date of $116 million.