Thai games studio Infinity Levels raises $500,000

NEWS BRIEF: Thailand-based Infinity Levels Studio has raised US$500,000 from InVent, a venture arm of telco Intouch Holdings. The company will use the funds to further develop animal racing game Ranch Run and launch two new titles in 2015.

The company had previously raised an undisclosed amount of funding from Thai ebook startup Ookbee and dating network Singles Solution. Since 2012, InVent has backed four companies, including Ookbee, Meditech, and Computerlogy.

Source: press release

See more: Thai VC InVent ploughs nearly $1.2 million into 2 startups