PUBG owner Krafton has invested KRW 120 billion ($89 million) in short-form video platform Spoon Labs. press release He stressed that this is the largest investment Krafton has ever made in a “non-gaming” sector. Spoon Labs owns Spoon, a global audio platform that lets users listen to streamers or broadcast their own content. The South … Read more
Cypriot video game studio Eschatology Entertainment has raised $11.3 million in funding to develop an upcoming Souls-style shooter. The investment round was led by PUBG maker Krafton, which made headlines earlier this week after purchase Race for high fidelity Developer Tango Gameworks. The Korean company was joined by other investors, including GEM Capital and The … Read more
PUBG maker Krafton has acquired Race for high fidelity developer Tango Gameworks of Microsoft. The move brought the Japanese studio back from the brink, with Microsoft having recently announced closure plan THE Ghostwire: Tokyo AND The evil inside developer. Krafton said the deal marks its first significant investment in the Japanese video game market and … Read more