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6 VCs and accelerators to invest KRW 7.1bln in local entertainment content creators
The city of Gwangju hosted an appraisal briefing on Oct 29 to review and feedback the city’s performance on investment attraction, while signing MOUs with six venture capitalists set to make KRW 7.1 billion investment in four entertainment content creators, based in the city.
Kakao Page and ESinvestor inject as much as KRW 4 billion into Fleximind, a game content developer. Studio Button appears to be financed nearly KRW 1.5 billion from Daekyo Investment and Aurora World. Two other VCs, MAGNA Investment and ECRUX Venture Partners invest KRW 1.3 billion and KRW 300 million in Amusingpark and CampfireAnyworks each.
cbebop@yna.co.kr
** This article was translated from Korean.
Date
2020.11.17
Views
338
According to Yonhap News,
The city of Gwangju hosted an appraisal briefing on Oct 29 to review and feedback the city’s performance on investment attraction, while signing MOUs with six venture capitalists set to make KRW 7.1 billion investment in four entertainment content creators, based in the city.
Kakao Page and ESinvestor inject as much as KRW 4 billion into Fleximind, a game content developer. Studio Button appears to be financed nearly KRW 1.5 billion from Daekyo Investment and Aurora World. Two other VCs, MAGNA Investment and ECRUX Venture Partners invest KRW 1.3 billion and KRW 300 million in Amusingpark and CampfireAnyworks each.
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cbebop@yna.co.kr
Source: Yonhap News (Oct 29, 2020)
** This article was translated from Korean.