Indonesia-based gaming studio Touchten revealed that it has secured a Series C round led by Japanese mobile and social firm GREE Inc, with US-based 500 Startups as a follow-on investor. The investment amount remains undisclosed, media reports said.
The app raised a $4.5 million Series A-1 round from GREE Inc in 2014, on top of a $1.15 million angel funding led by the former chairman of Singtel and Singapore Airlines, Koh Boon Hee, in August 2013.
BRIEF-Gree to sell unit Pokelabo, Inc. for 420 mln yen. June 22 Gree Inc : * Says it will sell 100 percent stake in Pokelabo, Inc.(currently named Mynet Games) to Mynet Inc for 420 million yen in total.
Besdies GREE, limited partners in the fund include Colopl VR Fund and mixi. The fund, called GVR Fund, is managed by San Francisco-based GREE VR Capital LLC. It has already invested in two VR-related companies: VRChat Inc and SPACES Inc. GVR ...