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…