The Asahi Broadcasting, Dentsu, Netprice, Nippon Life, OLM and Toho-backed character stamp creator is set to merge with Wwwaap to form a new company called Minto.

Quan, a Japan-based, corporate-backed character and game content creator, has agreed to merge with artist-focused talent agency Wwwaap.

Founded in 2011, Quan provides character stamps for mobile communication apps such as Line, Facebook, iMessage and WeChat. The merger will result in a merged entity dubbed Minto.

Quan raised $3.6m in 2019 from investors including Nissay Capital, ABC Dream Ventures, OLM Ventures, Mizuho Capital and SMBC Venture Capital, on behalf of insurer Nippon Life, broadcaster Asahi Broadcasting Group, animation studio OLM…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.