Casual game developer startup Aloha Factory attracts 6 billion won Series A investment
Summary
Casual game developer Korean startup Aloha Factory has attracted a Series A investment of 6 billion won ($4.6 million). The gameplay is easy and intuitive, so anyone of any age can play it. Aloha Factory released the game Kiss in Public in August of last year and recorded 10 million cumulative downloads.In March of this year, Dragon Island, a childrens arcade genre, was released and achieved 4 million downloads. Aloha Factory is a company that is in line with the recent global hybrid casual market trend, said Park Ji-hyeong , a senior reviewer at LB Investment.Ho-jin Lee, CEO of Aloha Factory, said, It is our vision to make a game that has been loved by many people for a long time. Haegin, developer of the mobile game Play Together, attracts investment from SK Square & SK Telecom Apollo EduTechs game Unicorn Ninjas teach coding to kids without logging on to computers EVR Studios plans for a new VR game & IPO gains momentum with fresh investment
Funding
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