Frenzoo, a Hong Kong-based startup that has developed a series of 3D lifestyle and fashion games targeted at girls, has raised US$1M in seed funding from investors in Asia, Europe, and the United States.
Investors include: Efficient Corporate, the investment vehicle of Hong Kong-based angel investor Tytus Michalski; Siemer Ventures, an early-stage, cross-border venture firm with offices in Los Angeles and Asia; K5 Ventures, a pan Europe and Asia-based group focused on media and commerce; and Metaverse Services, a China-based leader in game content creation.
Existing investor Ambient Sound Investments, an early stage venture firm backed by the founding engineers of Skype, has also participated in this round. Read more
The Flying Machine, a 3D live-action and animation family movie starring Heather Graham (Bowfinger, The Spy Who Shagged Me) and produced by Oscar winner Hugh Welchman, was created with the help of Singapore-based company Progeniq Technology. Read more
Referral marketing startup Anafore has just secured their first round of seed financing from BAF Spectrum, engineering co-founder of Skype Toivo Annus, and SPRING SEEDS Capital – a wholly owned subsidiary of SPRING Singapore that co-invests in local start-ups. Read more
It last raised pre-series A funds from BAF Spectrum with the participation of SPRING SEEDS Capital Pte Ltd two years ago. This time, Progeniq raises Series A funding led by BAF Spectrum, Ambient Sound Investments and SPRING SEEDS Capital.
William Klippgen, Executive Director of BAF Spectrum and Margus Uudam, Managing Director of Ambient Sound Investments, will both join Progeniq’s board of directors. Read more