Secretlab secures funding from Temasek firm, now valued at over $145M

Temasek has invested in Razer, and now gaming chair giant Secretlab some new funding.

| Aug 14, 2019 at 12:41 am CDT

Secretlab has just secured a huge injection of funding from Temasek subsidiary Heliconia Capital Management, with the gaming chair company saying this is the first external investor for Secretlab.

VIEW GALLERY - 2 IMAGES

Heliconia has invested in other tech companies including Razer, with its new stake in Secretlab described as a "small minority stake" that sees Secretlab valued at between S$200-$300 million, which works out to $144-$216 million -- not a small sum at all, for a gaming chair company that is very significant.

It goes to show that all of the hard work Secretlab has put into its gaming c hairs over the years is paying off, not just from its consumers and fans, but from investment firms seeing the future being bright for Secretlab.

The company has been consistent on kicking ass, securing deals with esports teams and even pop culture chairs like Game of Thrones and Batman. I still want a Superman-themed chair with a cape and all, so maybe with this new investment round Secretlab will do it -- please?!

Last updated: Jun 16, 2020 at 04:29 pm CDT

ABOUT THE AUTHOR -

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

Related Tags