INSUBCONTINENT EXCLUSIVE:
Mighty Jaxx, which makes licensed collectibles, has raised 4.5 million Singapore dollars (about $3.2 million) in funding for MightyVerse,
its platform for tech-enabled figures
about $4.7 million, with part of the new capital also earmarked to develop products from its new licensing deals with Hasbro and
Looney Tunes and Sesame Street
It raised its first round of funding last July to develop MightyVerse
figures, which can go for huge prices on the secondary market, by integrating technology during the manufacturing stage
The platform will also eventually include a social network for collectors.MightyVerse collectibles are able to store information and digital
assets, gamifying the collecting experience, Aw added
