Asia-focused live streaming service M17 Entertainment raised $26.5m from investors including Kaga Electronics and ASE Global, two years after an aborted IPO attempt.
Taiwan-based live streaming portal M17 Entertainment has attracted $26.5m in a series D round backed by diversified electronics firm Kaga Electronics and automotive-focused consulting firm ASE Global.
The deal was led by Vertex Growth Fund, a vehicle for Singaporean state-owned venture capital firm Vertex Ventures, with participation from Innoven Capital Singapore and Stonebridge Korea Unicorn Venture Fund.
Formed in 2017 through the merger of dating app provider Paktor and online streaming platform 17 Media, M17 runs a live video streaming…
