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Games & Commerce

Redbrickhouse raises investment from Kakao Ventures to support indie games\' global expansion

Indie game publisher Redbrickhouse said on Monday it has raised financial investment from Kakao Ventures and other investors. Participants include Devsisters Ventures, SmartStudy Ventures, MainStreet Ventures and Zion Investment. The company said it has secured financial backers after earlier attracting strategic investment from Wemade Max. Founded in June, Redbrickhouse said it supports game development, publishing and investment, and aims to help small teams strengthen global distribution capabilities.

Games & Commerce

Wemade Max makes strategic investment in indie game publisher Redbrickhouse

Wemade Max said on Monday it made a strategic investment in South Korean indie game publisher Redbrickhouse and set up a cooperation framework to discover promising developers and secure new intellectual property. It said the move aims to broaden partnerships with creative studios as indie games with distinctive gameplay become more competitive globally. Redbrickhouse was founded by former Neowiz specialists and supports development, global services and IP expansion.

Games & Commerce

Neowiz steps up global business, hires former Wargaming CPO Chris Jung

Neowiz said on Wednesday it reorganised its business into three groups to strengthen its global capabilities and hired Chris Jung as head of its Global Business Group. The company split operations into New Title Development, Global Business and Live Game Business. Cho Min-gu was promoted to lead the new Live Game Business Group. Neowiz plans to franchise existing core IP such as Lies of P and step up efforts to find new IP for global markets.