Games & Commerce
Nexon launches 250 billion won public-private fund to nurture early-stage game startups
Nexon will start a long-term investment programme to support game startups from seed to Series A, investing a total of 250 billion won over the next five years. It created Nexon Partners and, with Kona Venture Partners, formed a 120 billion won fund that includes 60 billion won from a government fund under the Ministry of Culture, Sports and Tourism. Nexon plans to invest about 130 billion won directly for follow-on growth and will fund IP it does not publish.
