South Korea’s Hybe IM Raises $21 Million for Video Game Publishing and Development, Including K-Pop Artist IP

HYBE IM raises $21M to boost publishing and IP-based games

Not long after raising $80 million, South Korea's HYBE IM has raised $21 million to boost its growth in game publishing and IP games.

South Korea’s Hybe IM Raises $21 Million for Video Game Publishing and Development, Including K-Pop Artist IP

South Korean company Hybe IM has raised another $21 million for its young gaming business with an additional focus on adapting its K-Pop artist IP.

HYBE IM nets $21 million to expand publishing business by wielding the power of K-pop

The publisher is owned by record label HYBE, known for managing popular boyband BTS through its Big Hit label.

[Digital Daily, Reporter Moon Dae-chan] Hive IM announced that it has attracted a total additional investment of 30 billion won. IMM Investment, an existing investor, invested an additional 15 billion won in this investment, and Shinhan Venture Investment and Daesung Venture Investment joined as new investors. This investment is the result of Hive IM's global publishing and service capabilities and the potential for expanding the game business u…

HYBE continues diversification drive as gaming division raises $21m in latest funding round

HYBE IM aims to become 'a next-generation publisher delivering compelling content to gamers worldwide' Source