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NHN Entertainment Invests 6 Billion Won in 3 Mobile Gaming Startups
Gaming Startups
NHN Entertainment Invests 6 Billion Won in 3 Mobile Gaming Startups
  • By matthew
  • October 21, 2015, 23:30
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NHN Entertainment (CEO Jung Woo-jin) announced on Oct. 21 that it has invested a total of 6 billion won (US$5.28 million) into three mobile game companies.

The investments went to leading game makers at home and abroad – Blackbeard, SupremeGames, and A-33 Studio.

Blackbeard (CEO Kang Gun-woo) was founded in Nov. 2013, and is currently developing a science fiction action RPG game tentatively titled “Dystopia.” SupremeGames (CEO Hwang In-jung) is working on a project tentatively called “TOP.” It is a RPG game with smart action system and vertical play mode, which is scheduled to go on sale in 2016. A-33 Studio (CEO Kim Dong-sun) is currently developing a mobile FPS game tentatively named “Diving Soul,” which allows users to have real-time match-ups.

Cho Hyun-sik, president at the investment sourcing division of NHN Entertainment, said, “The objective of the investment is to seek out startups, which has talent and passion, early, and support them for mutual growth. NHN Entertainment will keep making continuous investments and various attempts in not only new business, such as simple payment systems like PAYCO, but also the gaming industry.”