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Ocean Butterflies
Ocean Butterflies is a comprehensive independent music company in Asia whose businesses include record labels, music production, and more
About Ocean Butterflies
In 1986, a group of five young music enthusiasts in Singapore—Billy Koh, Koh Nam Seng, Ng Guan Seng, Teo Kay Kiong, and Colin Goh—started Ocean Butterflies with a passion for local music. Initially focused on the "Xin Yao" folk movement, the company was a pioneer in producing and promoting local artists. As the market shifted in the early 90s, the founders steered the company towards the growing Mando-pop industry, a move that would define their future success. This strategic pivot led to the grooming of regional superstars like Kit Chan, A-Do, and JJ Lin, establishing Ocean Butterflies as a significant force in the Asian music scene. A major turning point arrived in 2007 when the company secured investment from International Data Group, Susquehanna International Group, and Accel Partners to establish Ocean Butterflies International, expanding its reach across Mainland China, Taiwan, Hong Kong, and Malaysia. This set the stage for the company's next chapter. The journey culminated in an acquisition by the major Chinese music entity, Taihe Music Group. Following this new direction, co-founder Billy Koh departed in 2014 to start a new venture. Today, Ocean Butterflies operates as a key label within Taihe Music Group, continuing to influence the Mando-pop landscape.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Apr 2007 | $0 | — | SIG China | — |
| SERIES A✓Equity / VC | Mar 2006 | $10M | $40M | Undisclosed | — |
Growth signals
Latest recorded traffic for Ocean Butterflies is 0 monthly website visits. Ocean Butterflies's team grew 10.7% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
SIG China
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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