The finance round follows the business’s aborted initial public offering earlier this year.

Pavilion Capital, a branch of Singaporean government-owned investment firm Temasek, has taken part in a $25m funding round for media technology business M17 Entertainment, Business Times reported yesterday.

The round was led by Hong Kong-based game developer Madhead and also featured Stonebridge Ventures. M17 said the funding would be used to make technical upgrades to its content streaming platform.