NCSOFT invests in Swedish game startup Moon Rover Games

Quick Summary:

NCSOFT is seeking to invest in domestic and foreign companies to increase its game portfolio with various genres and release games on multiple platforms for global expansion.“Moon Rover Games ...is a high-potential company, continuously making new attempts leveraging its expertise in shooting genre games,” Park Byungmoo, co-chief executive of NCSOFT, said in a statement.

NCSOFT Corp., a South Korean game developer, said on Tuesday it has made an early-stage investment of $3.5 million in Swedish game startup Moon Rover Games as the sole participant in its seed funding round.

In August, NCSOFT is slated to reveal new investments in a Korean game development studio, including the purchase of its stake and publishing rights, as well as a joint project for its foray into Southeast Asia, said the former Korea head of Newbridge Capital.

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Category: Economy

Markets: South Korea

Topics: Developer Investment Project Games Korean First-person Swedish Ncsoft Shooter Rover Game

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 17:31:16 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 335 words

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