Chaos Gate will be released in China in April this year.
Developing computer games is risky business. More so, if you’re creating a Massively Multiplayer Online Role-playing Game (MMORPG), which requires a massive investment in capital and time.
But that is the risk Singapore-based Time Voyager‘s founder and CEO Chris Loo is willing to take. By developing their first title — Chaos Gate – for the fast-growing China market, they could potentially reap big rewards. Last year, a report revealed that sales from the China games market reached US$7B last year, a 32.4 percent year-on-year increase.
Time Voyager’s risk-taking spirit is something Canon’s Think Big campaign aims to promote. Think Big encourages entrepreneurs to not just earn a profit, but also to expand their business horizons by doing what was thought to be impossible. Read more
Razer, a US-based gaming hardware company, has raised US$50M from IDG-ACCEL’s China Capital Fund, reported TechCrunch. One of Razer’s founders, Tan Min-Liang, is born in Singapore and was formally a technology lawyer in the country. Read more
Chinese gamers are being introduced to popular Made-in-Singapore titles like Rocketbirds: Revolution!, Straw Hat Samurai: Duels, Fish-a-Fish and Tactics Anthem Online II, created by Singapore game companies Ratloop Asia, Explosive Barrels, Activate Interactive and iCell respectively (see press release). Read more
Time Voyager, a Singapore-based games development company, has secured a US$3.3 million investment co-led by East Gate Partners and Gobi Partners. Read more
It’s that time of the year when we actually review what has gone past a turbulent year 2009 and probably a year after the financial crisis that rocked the world after the collapse of Lehman Brothers in Sep 2008. Of course, one of the key after effects is that fundraising for start-ups in the technology space become increasingly difficult this year. While we are beginning to see more and more acquisitions in the US tech space, the SG tech start-ups are still working towards a tough environment. In the technology entrepreneurship scene, significant incidents have shaped and brought forward new perspectives in Singapore. While we are about to start the new road ahead in 2010. Here are the top 5 tech entrepreneurship events that rocked SG in 2009 (in no order of preference): Read more