Risa partners invests in XM Studios

XM Studios, an award-winning producer of premium pop culture collectibles, announced an investment by Risa Partners, a 99.9% subsidiary of NEC Capital Solutions, Limited. The investment will be used to support XM Studios' continued global expansion and for investments into new business lines.

Risa will help strengthen XM Studios' ongoing efforts to source more creative intellectual properties (IP) from Japan and

facilitate the development of the Japanese market. XM Studios targets to launch a pop-up shop in Tokyo in the second half of 2021.

XM Studios intends to set up an advisory team to accelerate its growth internationally and plans to invite Mr Chua Taik Him, Chairman of Risa Partners Asia, to be its special advisor.

"XM Studios has rapidly grown to become one of the top global players in the high-end pop culture memorabilia market. With its global network and deep knowledge in handling intellectual assets, it is well positioned to scale multi dimensionally in creative and entertainment industry. We are excited to have an opportunity to co-innovate business model with the XM Studios team to achieve

global market leadership." said Mr Chua.

"With strong networks and deep expertise in Japan, RISA is an ideal partner for our growth plans in Japan, which has some of the most sought-after pop culture brands in the world. In late 2020, we obtained global licenses to the Ultraman and Godzilla IPs. We look forward to working with RISA to bring more Japanese pop culture collectibles to our fans and collectors from all over the

world," said Mr Ben Ang, CEO and co-founder of XM Studios.