Kakao Games (CEO Gye-hyun Jo) announced on the 17th that it would support domestic indie game developers with the ‘Let’s Go Together Kakao Games Win-win Fund’ worth 26 billion won to create a healthy game ecosystem and coexist.
Kakao Games participates in the ‘Let’s Go Together Kakao Games Win-Win Fund’ operated by Kona Venture Partners. The fund plans to invest and support domestic small-scale and indie game developers who have high development potential and are preparing to enter the global market.
This fund is targeted for investment selection for ▲ early game developers within 3 years of establishment and annual sales of 2 billion won or less; In the case of a developer preparing to enter the market, the company plans to actively reflect it in its investment decision-making. You can apply for the fund through the business area page of the Kakao Games website.
Investor discovery and decision-making will be conducted in accordance with investment standards, and Kakao Games will work with the operator, Kona Venture Partners, to find various ways to collaborate in a differentiated way unique to Kakao Games for investment companies.
For social responsibility and coexistence, Kakao Games is continuing to support small and indie game developers as well as to establish a healthy game culture. First, various campaigns and digital supporters are being operated to increase digital access for digitally vulnerable groups such as children and adolescents, as well as various projects in connection with the main business ‘game’ to promote the good influence of games.
Kakao Games CEO Jo Gye-hyun said, “This mutual growth fund is part of the coexistence plan of the Kakao community, and the goal is to achieve sustainable growth with society.” We will do our best to revitalize the game market through this.”
