Brave Group Inc., a Japanese virtual IP firm, recently said
it had raised $10 million in new capital and that the company expects to
use part of these funds to boost its “solution services for clients in
the metaverse marketing business.” Taking part in Brave Group’s latest
funding round were two local companies, foreign investment funds, as
well as individual investors.
Metaverse Market Growth
A Japan-based virtual IP business, Brave Group Inc., recently said it
had raised $10 million in new funding, thus bringing the total raised
so far to $18 million. The company is set to use the new capital to
strengthen its existing business operations and to “expand its solution
services for clients in the metaverse marketing business.”
In a recent statement,
Brave Group revealed that Japanese companies like Dawn Capital and
Osaka Gas Co. Ltd. had participated in the round that also featured
“foreign investment funds and individual investors.” In remarks
following the announcement of the capital raise, Kazuhiro Ishikura, a
general partner at Dawn Capital, said:
As the boundary between real and virtual life disappears,
the form of entertainment will also change, and new IP content KOLs are
expected to be born. As the metaverse market grows globally, we believe
that the Brave group’s content will be at the center of the
enthusiastic virtual communities that will emerge. We hope that the
strength of the anime and manga culture that Japan has cultivated over
the years will be brought to the world virtually.
Yuichi Sakamoto, senior general manager with Osaka Gas’ innovation
department, is quoted stating his company is ready to help Brave Group
Inc. “realize lifestyles and businesses that respond to the New Normal.”
For his part, the CEO of Brave Group Inc., Keito Noguchi, said
through the $10 million fundraise, his company would now “maximize the
impact of Brave group’s IP not only in Japan but also in the world.”
source link : https://news.bitcoin.com/japanese-virtual-ip-firm-raises-10-million-to-accelerate-metaverse-business/
