Kakao, NetEase, VNG and Netmarble all backed the mobile game developer as it looks to grow its metaverse capabilities and release new titles.

South Korea-based mobile game studio Haegin raised KRW100bn ($82.4m) yesterday in a series B round featuring internet companies Kakao, NetEase and VNG, game developer Netmarble and financial services firm KDB Industrial Bank.

The round was filled out by Neptune Asset Management, Lotte Ventures, Storm Ventures, Kona Venture Partners, Alois Ventures and Bon Angels Venture Partners, while Kakao’s investment came through video game subsidiary Kakao Games.

Haegin has developed mobile games and its most popular title, Play Together, is a metaverse…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
Email LinkedIn