SEA Deal Ticker
Singapore's money went to San Francisco: 1982 Ventures joins Higgsfield's $400M at $5.4B
DST Global led the Series B; the Singapore firm co-invested alongside Goldman Sachs Alternatives and Intel Capital. Higgsfield reports $700 million annualised revenue, 30 million users across 238 territories and 20 million monthly generations.
Positive-sum angle: A Singapore fund sitting on a $5.4 billion cap table brings home pricing knowledge no domestic round teaches, and it lands in the next SEA founder's term sheet.