iGlobe Partners participates in US$12mil funding for Unity Technologies

Singapore-based iGlobe Partners has participated in a US$12 million Series-B financing round in Unity Technologies, it was announced yesterday. The company has developed a 3D game development platform and counts Cartoon Network, Electronic Arts, LEGO, Microsoft, and NASA among its users. Read more

China Digest – 8 Jul

Here you can find some interesting startup news from China, not only in its capital, Beijing, but also other startup hubs such as Shanghai, Hong Kong, Hangzhou, and many more.

(1) According to a local report, Baidu is stealthily developing its own Mobile OS(codenamed Qiushi which means fruits in autumn) which is based around Android and will be released by year-end. Baidu dismissed the rumor by referring Qiushi as an under-developing mobile ad product. Read more

Bubble Motion Raises USD 10M from Singtel Innov8 and IIPL

Mobile social communication company Bubble Motion has just raised a USD 10M (SGD 12.6M) round of funding led by SingTel Innov8, the communications giant, SingTel Group’s corporate venture capital fund. This round also includes IDA’s Infocomm Investments (IIPL), Sequoia Capital, Palomar Ventures, and NGC. Read more

Interview with Sunil Coushik, co-founder of Ogywawa

Sometime back, I was invited by Preetam Rai to attend the launch of Ogywawa, an interesting web service integrating with the mobile phone for users to buy drinks for friends. If this is not interesting, Sunil Coushik, the co-founder of Ogywawa, started the company BubbleMotion (funded by Sequoia Capital and based in Singapore). We managed to get him to come on board to talk about Ogywawa and the challenges ahead for this festive season if you are thinking of gatherings and meetings with friends from clubs to pubs.

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