Rovio supplied $3m of the capital as game-focused venture investor Play Ventures closed a fund that was oversubscribed by $10m.

Singapore-based venture capital fund Play Ventures has closed its fund at $40m having raised money from limited partners including game developer Rovio, Tech in Asia reported yesterday. Play Ventures invests in game and game service developers in Asia, Europe or North America at early-stage, providing between $500,000 and $1m per first investment and following on…

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