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Krafton

Asia, Kyonggi-do, South Korea, Seongnam

Description

Krafton, the South Korean gaming giant renowned for titles like PUBG: Battlegrounds, has strategically diversified its operations to include venture capital investments. While primarily a game developer, Krafton has established itself as an active investor, particularly in the burgeoning interactive entertainment and technology sectors. This move is part of a broader strategy to cultivate a vibrant ecosystem that complements its core gaming business and identifies future growth opportunities.

A significant portion of Krafton's investment activity has been concentrated in the Indian market. In 2021, the company publicly announced a substantial commitment of $100 million dedicated to fostering the Indian interactive entertainment ecosystem. This initiative targets a diverse range of companies, including those in gaming, esports, game streaming, audio content, and social platforms. Krafton's investment thesis often revolves around identifying promising startups that can leverage its industry expertise and global reach, thereby contributing to the development of a robust digital entertainment landscape.

Krafton typically participates in early to mid-stage funding rounds, such as Series A. Their first cheque sizes demonstrate a notable range, reflecting the varied needs and potential of the companies they back. For instance, Krafton invested $22.5 million in Rooter, an Indian game streaming and esports platform, showcasing their capacity for larger strategic stakes. On the other end of the spectrum, they have also made smaller, yet impactful, investments such as $1 million in One Impression, an influencer marketing platform. This flexibility allows them to support a wide array of ventures, from nascent startups to more established, rapidly scaling businesses.

Overall, Krafton's investment arm functions as a strategic enabler, seeking to build strong partnerships and foster innovation within the digital entertainment space. Their investments are not merely financial but are often accompanied by strategic guidance and potential collaborations, aiming to accelerate the growth of their portfolio companies and reinforce Krafton's position as a key player in the global interactive entertainment industry.

Investor Profile

Krafton has backed more than 27 startups, with 9 new investments in the last 12 months alone. The firm has led 13 rounds, about 48% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in India, United States, South Korea.
  • Strong thematic focus on Gaming, Apps, Software.
  • Led 8 rounds in the past year.
  • Typical check size: $1M – $22.5M.

Stage Focus

  • Series A (33%)
  • Seed (33%)
  • Series B (11%)
  • Corporate Round (7%)
  • Series Unknown (7%)
  • Series D (4%)
  • Series C (4%)

Country Focus

  • India (37%)
  • United States (33%)
  • South Korea (11%)
  • Cyprus (7%)
  • Norway (4%)
  • China (4%)
  • France (4%)

Industry Focus

  • Gaming
  • Apps
  • Software
  • Online Games
  • Video Games
  • Audio
  • Sports
  • Computer
  • Information Technology
  • Music
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Krafton frequently co-invest with?

Hashed
North America, California, United States, San Francisco
Co-Investments: 3
TIRTA Ventures
North America, New York, United States, New York
Co-Investments: 3
Dreamhaven
North America, California, United States, Irvine
Co-Investments: 3
1Up Ventures
North America, Washington, United States, Kirkland
Co-Investments: 3
Makers Fund
North America, California, United States, San Francisco
Co-Investments: 3
Transcend Fund
North America, California, United States, San Francisco
Co-Investments: 3
GEM Capital
Europe, Paphos, Cyprus, Paphos
Co-Investments: 3
BITKRAFT Ventures
North America, California, United States, San Francisco
Co-Investments: 3
The Games Fund
North America, California, United States, Los Angeles
Co-Investments: 3
Galaxy Interactive
North America, New York, United States, New York
Co-Investments: 3

Which angels does Krafton often collaborate with?

EC
North America, California, United States, Los Angeles
Shared Deals: 1
NM
North America, California, United States, San Francisco
Shared Deals: 1
JT
North America, Florida, United States, Marco Island
Shared Deals: 1
CK
North America, New York, United States
Shared Deals: 1
JW
North America, California, United States, Redwood City
Shared Deals: 1
Shared Deals: 1
JS
North America, Illinois, United States, Chicago
Shared Deals: 1
SL
North America, California, United States, Los Angeles
Shared Deals: 1
CM
Europe, Bucuresti, Romania, Bucharest
Shared Deals: 1
DB
North America, United States
Shared Deals: 1

What are some of recent deals done by Krafton?

JetSynthesys

Mumbai, Maharashtra, India

JetSynthesys is a digital entertainment and technology company.

Software
Series UnknownApr 16, 2025
Cashfree Payments

Bengaluru, Karnataka, India

Cashfree Payments is a fintech company that provides payment processing, payouts, and API banking solutions for businesses.

FinanceFinancial ServicesFinTechMobile PaymentsPayments
Series CFeb 4, 2025
Amount Raised: $53,000,000
Axion

Seongnam, Kyonggi-do, South Korea

Axion offers AI-based semiconductor engineering and process optimizing solutions.

Artificial Intelligence (AI)ManufacturingSemiconductor
SeedJan 10, 2025
Amount Raised: $1,356,737
Ruckus Games

Plano, Texas, United States

Ruckus Games is to create unparalleled player experiences through style interactivity and emergence.

ComputerGamingVideo Games
Series ANov 14, 2024
Amount Raised: $19,000,000
Deftouch

Bangalore, Karnataka, India

Deftouch is a mobile game development company that currently focuses on winning the Cricket gaming market with a social multiplayer game.

GamingMobileSocialSports
Series UnknownOct 9, 2024
Day 4 Night Studios

Hermosa Beach, California, United States

Day 4 Night Studios is a game development studio that offer interactive and original computer as well as video games.

GamingOnline GamesPC GamesVideo Games
SeedOct 1, 2024
Amount Raised: $4,000,000
Spoon Labs

Seoul, Seoul-t'ukpyolsi, South Korea

Spoon operates as a real-time personal audio broadcasting platform.

AppsAudioBroadcastingDigital MediaInternetMedia and EntertainmentMusic
Corporate RoundSep 11, 2024
Amount Raised: $89,564,310
Eschatology Entertainment

Nicosia, Nicosia, Cyprus

Eschatology Entertainment is a Cyprus-based game developers that creates an immersive hardcore experiences in a unique living game world.

Gaming
SeedAug 14, 2024
Amount Raised: $11,300,000
Eschatology Entertainment

Nicosia, Nicosia, Cyprus

Eschatology Entertainment is a Cyprus-based game developers that creates an immersive hardcore experiences in a unique living game world.

Gaming
Series AAug 14, 2024
Amount Raised: $11,300,000
XOCIETY

Seoul, Seoul-t'ukpyolsi, South Korea

XOCIETY is a metaverse with shooter mechanics at its core.

MetaverseNon-Fungible Token (NFT)Online GamesVideoVideo Games
SeedJun 7, 2024
Amount Raised: $7,500,000