Gree, a Japan-based social media group, has invested in two games technology start-ups, Wizcorp and Canada-based Iugo Mobile Entertainment.

Gree said it might use its latest portfolio companies’ game development engines for a number of future releases in the US and other international markets.

Founded in 2008, Wizcorp started life as a web consultancy business but is now focused on game development through its Mithril HTML5 platform.

Founded in 2003, Iugo’s three proprietary technologies are Iugo Games Library, IRender3D Engine,…

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