gumi

OpenSea, YGG investor raises $110m for second Web3-focused fund

OpenSea, YGG investor raises $110m for second Web3-focused fund

Gumi Cryptos Capital aims to invest in 50 companies with a ticket size between US$500,000 to US$5 million per investment.
Aditya Hadi Pratama · · 1 min read
Execs of YGG, Sega, others launch blockchain for gaming

Execs of YGG, Sega, others launch blockchain for gaming

Oasys promises zero “gas fees” and speedier transactions on its blockchain network.
Kul Bhushan · · 1 min read
Japanese mobile gaming firm launches $30m fund for global crypto investments

Japanese mobile gaming firm launches $30m fund for global crypto investments

Gumi offers entry into Japan, a crypto market that’s said to be difficult to penetrate.
Angela Teng · · 3 min read
Game studio formed by veteran Singapore developers raises angel funding

Game studio formed by veteran Singapore developers raises angel funding

The team is made up of experienced game devs from companies like Ubisoft, Gumi, and Gameloft and is working out of Singapore’s Pixel Studios.
Michael Tegos · · 2 min read

Japan’s first VR incubator reveals its first 5 teams

Tokyo’s first VR incubation program sent me to five universes in three hours. I felt a little sick but all I wanted was more.
Peter Rothenberg · · 5 min read

10 of the biggest stories from Japan in 2015

From Michelle Phan to blockbuster funding rounds, these are our most-read stories about Japan and Japanese startups from the past year.
J.T. Quigley · · 4 min read

Gumi to lay off 100 in wake of Korea embezzlement scandal, post-IPO woes

Just a week after the gaming company confirmed that its South Korean office was being investigated for embezzlement, more bad news.
J.T. Quigley · · 2 min read

IPO hangover? Gumi reveals its expected $10.6M profit will be a $5M loss

Gumi’s founder and CEO is taking full responsibility for the underwhelming results, cutting his own pay to zero for the next six months.
David Corbin · · 3 min read

Gumi files for IPO and Japan prepares to welcome another gaming unicorn (UPDATED)

The gaming company is resurgent and capping it off with one of Japan’s largest IPOs this year.
David Corbin · · 2 min read

2014 in review – Japan’s biggest startup deals

Some familiar faces and some new players make our list. Check out the deals that shook up Japan’s startup tech scene.
David Corbin · · 6 min read