SoftBank put up $150m for a the metaverse platform developer's series B round, which included Big Hit Entertainment, YG Entertainment and JYP Entertainment.
South Korea-based metaverse platform Zepeto has raised approximately KRW223bn ($190m) in a series B round led by telecommunications and internet group SoftBank’s Vision Fund II, Aju Business Daily reported today.
SoftBank invested $150m in the round, which valued the company at about $1bn, according to the Wall Street Journal. It also featured entertainment agencies Big Hit Entertainment, YG Entertainment and JYP Entertainment.
Developed by South Korea-headquartered internet group Naver Corporation and also known as Naver Z, Zepeto has built an…
