investment Archives | Be Korea-savvy
Kakao Entertainment Invests 12 bln Won in Netmarble’s Metaverse Entertainment

Kakao Entertainment Invests 12 bln Won in Netmarble’s Metaverse Entertainment

SEOUL, Oct. 26 (Korea Bizwire) — Kakao Entertainment, an entertainment arm of tech giant Kakao Corp., said Monday it will participate in Metaverse Entertainment, a subsidiary of game developer Netmarble F&C Inc., as a strategic investor. The company will acquire 80,000 new shares for 12 billion won (US$10.2 million) through a third party allotment in [...]

Netflix Says its Investment Has Created Economic Effect Worth 5.6 tln Won in S. Korea

Netflix Says its Investment Has Created Economic Effect Worth 5.6 tln Won in S. Korea

SEOUL, Sept. 29 (Korea Bizwire) — U.S. streaming giant Netflix said Wednesday that its Korean investment over the past five years has led to an economic effect worth 5.6 trillion won (US$4.7 billion) in South Korea’s entertainment-related industry. In an online event titled “Netflix Partner Day,” the company said it has injected 770 billion won [...]

Brilliant Matters Announces Strategic Investment to Accelerate Production of Their High-Performing, Reliable and Scalable Semiconductors for Printed Electronics

Brilliant Matters Announces Strategic Investment to Accelerate Production of Their High-Performing, Reliable and Scalable Semiconductors for Printed Electronics

QUEBEC CITY, Quebec, Sept. 23 (Korea Bizwire) — Brilliant Matters is proud to announce the closing of an oversubscribed $3.5M seed round. The round was led by Ecofuel Fund, a specialized and dedicated cleantech fund, together with Investissement Québec, Anges Québec and GSI Creos Corporation. Founded in 2016, the company uses a clean and reliable [...]