BonAngels Update

Mobile game startup Haegin joins ‘unicorn’ club with $82 million investment

Haegin, a Korean mobile game company, has attracted 100 billion won ($82 million) in Series B investment. The Korean startup has now joined the ranks of ‘unicorn companies,’ valued at close to 1 trillion won ($8 billion) among unlisted startups in business for less than ten years.

Existing investors such as Bon Angels Venture Partners and Storm Ventures participated in this investment round. In addition to Kakao Games and Neptune, which made new investments worth 40 billion won ($33 million), Alois Ventures, KDB Industrial Bank, Kona Venture Partners, Netmarble, NetEase, Lotte, and foreign investors such as Ventures and VNG also joined.

Haegin oversaw the development of global hit games including ‘Summoners War: Arena in the Sky,’ ‘Golf Star,’ ‘God of Fishing,’ ‘Home Run Battle,’ and ‘Com2uS Professional Baseball’ and became the first domestic mobile game company to be listed on the KOSDAQ.

2020 BonAngels Venture Partners, Inc. All rights reserved.