gumi
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.
Execs of YGG, Sega, others launch blockchain for gaming
Oasys promises zero “gas fees” and speedier transactions on its blockchain network.
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.
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.
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.
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.
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.
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.
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.
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.



