Albus, a hyper-casual game developer, has secured 500 million KRW in seed funding from Kakao Ventures, aiming to innovate its game offerings and target a global audience.
Target Information
Albus, a hyper-casual game development company led by CEO Byung-Joo Son, recently secured seed funding of 500 million KRW from Kakao Ventures. The investment reflects Albus's ability to present a sustainable growth model amid the evolving gaming ecosystem, showcasing strong development capabilities and teamwork.
Albus specializes in creating hyper-casual games aimed at a global audience of mobile gamers. This genre is characterized by its simple controls and accessibility, enabling a broad range of users to engage with the games. The company's notable titles include "WaterPark Boys" and "Awesome Park: Idle Game," both of which are known for their addictive gameplay and have signed publishing agreements with the global publisher Superscent.
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Industry Overview
The hyper-casual gaming industry in South Korea is witnessing exponential growth, driven by the increasing proliferation of mobile devices and a booming online gami
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2023
Kakao Ventures
invested in
Albus
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $0M