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South Korea’s Hybe IM Raises $21 Million for Video Game Publishing and Development, Including K-Pop Artist IP
South Korean company Hybe IM has raised another $21 million for its young gaming business with an additional focus on adapting its K-Pop artist IP.
South Korean company Hybe Interactive Media (IM) has received a new investment of approximately $21 million (30 billion in won) for its young gaming business. Since launching in 2021, Hybe IM has found success with its earliest titles like “Rhythm Hive” and “BTS Island: In the SEOM,” followed by a quickly growing lineup that includes publishing contracts for Macovill’s “OZ Re:write” and Flint’s “ASTRA: Knights of Veda.” Per the company, “Hybe IM remains committed to building a sustainable gaming ecosystem, prioritizing the stable operation and growth of its titles through its global publishing expertise.”
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