A Korean studio without a portfolio received an investment of $1.8 million

Mobile developer from Korea BiNAREE received investments worth $ 1.8 million. The money came from NCsoft, a company known for its PC titles in the MMORPG genre. This is reported by the Tech in Asia resource.

BiNAREE is currently developing a shareware midcore strategy about the zombie apocalypse. The working name of the game is APO. Softlonch is expected in 12-16 months, full launch – 2 months after the trial.

Thus, the game will take almost 2 years. Considering that APO will be the first title of the studio, from the point of view of investing money, this is a rather risky project.

Perhaps NCsoft’s decision to invest in a startup was influenced by the track record of the founder of the studio Kyungheon Kim (Kyungheon Kim). He was a co-founder and vice president at CrayonPixel Inc., then a producer at Ntiq Games, and after that he worked for 8 months as an executive producer at Rovio Entertainment.

A source: https://www.techinasia.com

NCsoft is a South Korean developer and publisher of online games headquartered in Seoul. It has offices in the UK and the USA. The most popular titles of the company today are Lineage 2 and Aion.

BiNAREE is a South Korean game studio based in Seoul, specializing in midcore projects.