Krafton-backed Blue Ocean Games launches $30 million fund to back indie game developers

Share via:


Blue Ocean Games, a venture fund backed by South Korean gaming giant Krafton Inc., has launched a $30 million fund to support indie game developers globally, with a strong focus on emerging talent from India.

Founded by Damian Lee, former head of investments at Krafton, the fund aims to back 100 developers over the next three years.

It introduces a custom investment model called the Structured Agreement for Indie Launch (Sail), offering capital at the concept stage—before developers even have a playable build. Each developer can access $100,000 in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Krafton-backed Blue Ocean Games launches $30 million fund to back indie game developers


Blue Ocean Games, a venture fund backed by South Korean gaming giant Krafton Inc., has launched a $30 million fund to support indie game developers globally, with a strong focus on emerging talent from India.

Founded by Damian Lee, former head of investments at Krafton, the fund aims to back 100 developers over the next three years.

It introduces a custom investment model called the Structured Agreement for Indie Launch (Sail), offering capital at the concept stage—before developers even have a playable build. Each developer can access $100,000 in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Ace With Ease IAS Academy Sets a New Benchmark...

Hyderabad (Telangana) , April 23: In a remarkable...

RMG Startups In A Fix, Grant Thornton To Audit...

Can PMLA Rein In The RMG Gold Rush? Already...

Sony PS5 brings back retro themes and introduces new...

Sony's latest PS5 update brings back retro console...

Popular

Upcoming Events

Ai Pin returns from the dead, no thanks to...

What happens when a couple of ex-Apple executives...

HC Notice To Swiggy, Zepto Over Unfriendly Apps For...

SUMMARY Justice Sachin Datta has directed both platforms and...

Sony PS5 brings back retro themes and introduces new...

Sony's latest PS5 update brings back retro console...
GdfFD GFD GFD GFD GFD GFD GFD