Chinese game development platform MetaApp nets $100m funding led by SIG
March 11, 2021
Game developer MetaApp has raised $100 million in a Series C round of financing led by SIG China, the local arm of the US trading and broking firm SIG. This marks the largest single financing in the industry in China, according to a company statement.
SIG China has invested in over 260 China companies such as Voice and radio services platform Ximalaya, film production and distribution major Bona Film Group, delivery startup FlashEx, among others.
The funding round also saw participation from new investor Sky9 Capital, an over $1.1 billion investment fund that invests in internet, deep tech, corporate service, and healthcare sectors.