Tech Company Financing Transactions
Kakao Entertainment Funding Round
On 1/12/2023, Kakao Entertainment raised $966 million in funding from GIC and Saudi Arabia Public Investment Fund.
Transaction Overview
Company Name
Announced On
1/12/2023
Transaction Type
Venture Equity
Amount
$966,000,000
Round
Undisclosed
Investors
GIC (Lead Investor)
Saudi Arabia Public Investment Fund (Lead Investor)
Proceeds Purpose
It plans to further push ahead with its international expansion and make more investments and acquisitions.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
8th floor, Two Sun World Building 221, Pangyoyeok-ro, Bundan
Seongnam-si, Gyeonggi-do, Undisclosed
KR
Seongnam-si, Gyeonggi-do, Undisclosed
KR
Phone
Undisclosed
Website
Email Address
Overview
Developer of entertainment-based applications and content for tablets and smartphones. The company is a developer of entertainment, educational and interactive mobile applications content covering all genres, including webtoons, web novels, music, dramas, movies and performances blended with musicians, and actors in multilingual forms for mobile content viewing, enabling viewers to enjoy fun digital media.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kim Seong-Soo
Chief Technical Officer
Marcus Keebeom
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