Game company HiveIM attracts additional investment worth a total of 30 billion won
Apr 01, 2025
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IMM Investment, an existing investment company, invested an additional 15 billion won in this investment, and Shinhan Venture Investment and Daesung Startup Investment joined as new investors. The investment is the result of appreciating HiveIM's global publishing and service capabilities and the possibility of expanding the game business using Hive's artist IP in the market, the company stressed. In particular, high expectations for the large-scale MMORPG 'Architect: Land of Exile' and 'Project Torch (tentative name)' presented by HiveIM for the first time served as a key backdrop for the investment, it added.
In August 2024, it signed a strategic investment contract worth $80 million to prove its competitiveness in the global game market, and since then, based on actual investment reflecting exchange rate fluctuations, the cumulative investment attraction amount has reached 137.5 billion won, including this 30 billion won investment. Through this additional investment, HiveIM emphasized that it plans to further strengthen its publishing capabilities and begin its long-term growth strategy in earnest.
The investment will be used intensively in marketing, operational optimization, and localization strategies for the successful launch of the publishing title and stable live service operation.
"This additional investment attraction will be an important opportunity for HiveIM to secure global competitiveness in both game publishing and development," said CEO Jung Woo-yong of HiveIM. "HiveIM will go beyond just the IP-based game business to become a 'next generation game publisher' that provides attractive content to global gamers."
This article was translated by Naver AI translator.
