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Singapore based eSports startup Ampverse raised $12 million in Series A funding round

Ampverse, a Singapore based eSports startup that owns and operates eSports teams and gaming channels, raised $12 million in Series A funding. This round was led by Falcon Capital, with follow-on investment from Vulpes and Gandel Invest. The startup plans to use these funds to expand into Philippine and Indonesian markets.

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This article has been summarised for quick read. The original article can be read on Deal Street Asia.