XM Studios, 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.

Heliconia Capital Management, an investment firm that focuses on growth-oriented companies, announced on Sept 2, that it has entered into an agreement to become a strategic investor of XM Holdco, which owns 100% of XM Studios.

XM Studios is considered to be a homegrown Singapore success story that sells collectibles in US, Europe, China and Southeast Asia. The company holds strong IP licenses from recognisable brands in pop culture including Marvel, Star Wars, DC, as well as Godzilla, Ultraman and Hello Kitty.

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