Temasek unit becomes new strategic investor in XM Studios

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Heliconia Capital says it seeks to help XM Studios achieve unicorn status among other things. YahooFinance

, an award-winning Singaporean producer of handcrafted, hand-painted luxury art collectibles, has gained an important new strategic investor in the form of Temasek subsidiary Heliconia Capital Management.

The company, with an increasing number of licenses obtained, is well-positioned to capitalise on the growing demand on the global luxury art collectibles scene. Under the agreement, Heliconia Capital will support XM Studios to leverage on digital technology and creativity for new product development, branding, marketing and channel distribution.

 

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