23세기아이들, a virtual entertainment startup, has raised 1.2 billion KRW in seed funding from leading investors to develop interactive virtual artists, signaling a strong entry into the rapidly evolving entertainment landscape.
Target Information
23세기아이들 (23rd Century Kids), a virtual entertainment startup led by CEO Kim Hyung-min, has successfully secured 1.2 billion KRW in seed funding from notable investors including Kakao Ventures, FuturePlay, and Fast Ventures. This innovative company specializes in creating virtual artists that engage deeply with fans through elaborate narratives and densely woven communications, aiming to pave the way for a new era in entertainment.
With the global market for virtual artists projected to reach 23 trillion KRW by 2028, 23세기아이들 stands poised to leverage the robust fanbase characteristics of the K-Pop idol phenomenon, accelerating their growth trajectory within this emerging sector.
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Industry Overview
The virtual entertainment industry, particularly in South Korea, is witnessing significant growth driven by technological advancements and the increasing popularity of digital content. The inters
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Kakao Ventures, Future Play, Fast Ventures
invested in
23세기아이들
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $10M