# Kakao Games

> Kakao Games is a VC fund in Seongnam backing Gaming and Video Games. See 13 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Seongnam, South Korea
- Total investments: 13
- Last investment: Oct 2025
- Lead investor: 62%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/10701036/
- Website: https://www.kakaogames.com
- Facebook: https://www.facebook.com/kakaogamesnetworkcorp/

Kakao Games is a KaKao gaming subsidiary, serving various genres of games including PC and mobile. Kakao Games is a global multi-platform game company that leads the way in the global game industry through reinforcing an in-house development capability and going into partnership with other game companies.

## Contacts

5 contacts available for Kakao Games. Shizune tracks 1 team members at Kakao Games. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/kakao-games?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $766k–$3M |
| Series A | $7.1M–$25M |
| Series B | $2.5M–$83M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Gaming | 7 | 54% |
| Video Games | 5 | 38% |
| Online Games | 4 | 31% |
| PC Games | 3 | 23% |
| Software | 2 | 15% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 4 | 31% |
| Series A | 3 | 23% |
| Seed | 2 | 15% |
| Funding Round | 2 | 15% |
| Corporate Round | 1 | 8% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| South Korea | 7 | 54% |
| United States | 3 | 23% |
| Singapore | 1 | 8% |
| Russian Federation | 1 | 8% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| KyeHyun Cho | Co-CEO | 0 | https://shizune.co/investors/profile/kyehyun-cho |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Me3 | Me3 is a crypto wallet to purchase, send, receive, and exchange tokens and NFTs. | $3M | Seed | Oct 24, 2025 |  |
| Clover Games | Clover, part of the company's gaming portfolio, it offers a mobile animation RPG game that focuses on recruiting heroes, expanding territories, and revolutionizing the world, so that players can enjoy engaging content. | $11.4M | Series B | Nov 09, 2023 |  |
| Lionheart Studio | Lionheart is a developer of mobile and online games that specializes in multiplayer online role-playing games (MMORPGs). The company was founded in 2017 and is headquartered in Seongnam, Kyonggi-do, South Korea. | $915.2M | Secondary Market | Jul 11, 2022 |  |
| Onion Crew | Onion Crew is a gaming company that specializes in game design and development. | $766.2K | Seed | Jul 06, 2022 |  |
| Playable Worlds | Playable Worlds is a computer games company that specializes in the fields of game development, online games, and gamification. The company is driven by its mission is to build a truly cloud-native game, taking advantage of technology to create a true persistent work that involves and changes over-time. | $25M | Series B | Apr 20, 2022 |  |
| HAEGIN | HAEGIN is a game development company. | $83.5M | Series B | Feb 27, 2022 |  |
| Frost Giant Studios | Frost Giant Studios is a production studio focused on real-time strategy (RTS) games for competitive gaming on PCs. | $25M | Series A | Jan 25, 2022 |  |
| Nine Arcs | Nine Arc is a game company | $7.1M | Series A | May 20, 2021 |  |
| Ocean Drive Studio | Ocean Drive Studio is a video game development studio that creates online games. The company was founded in 2019 and is headquartered in El Segundo, California, United States. | $2.5M | Series A | Sep 09, 2020 |  |
| FORCETELLER | FORCETELLER is a mobile app for online entertainment services. | $2.5M | Series B | Mar 02, 2020 |  |

10 of 13 investments shown.

## Co-investors
- [Kona Venture Partners](https://shizune.co/investors/profile/kona-venture-partners) — VC Fund, 3 deals together
- [BITKRAFT Ventures](https://shizune.co/investors/profile/bitkraft-ventures) — VC Fund, 2 deals together
- [Devsisters Ventures](https://shizune.co/investors/profile/devsisters-ventures) — VC Fund, 2 deals together
- [Gaingels](https://shizune.co/investors/profile/gaing) — VC Fund, 2 deals together
- [LB Investment](https://shizune.co/investors/profile/lb-investment) — VC Fund, 2 deals together
- [Alois Ventures](https://shizune.co/investors/profile/alois-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Animoca Brands](https://shizune.co/investors/profile/animoca-brands-corporation) — VC Fund
- [BITKRAFT Ventures](https://shizune.co/investors/profile/bitkraft-ventures) — VC Fund

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
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### Similar country
- [Strong Ventures](https://shizune.co/investors/profile/strong-ventures) — VC Fund
- [Korea Credit Guarantee Fund](https://shizune.co/investors/profile/korea-credit-guarantee-fund) — VC Fund
- [Kakao Ventures](https://shizune.co/investors/profile/kakao-ventures) — VC Fund

## Featured in investor lists
- [Video Games Investors in South Korea](https://shizune.co/investors/video-games-investors-south-korea)
- [Video Games VC Funds in South Korea](https://shizune.co/investors/video-games-vc-funds-south-korea)
- [Gaming Investors in South Korea](https://shizune.co/investors/gaming-investors-south-korea)
- [Gaming VC Funds in South Korea](https://shizune.co/investors/gaming-vc-funds-south-korea)

## FAQ

### What does Kakao Games invest in?

Kakao Games invests primarily in Gaming, Video Games and Online Games startups, most often at Series B and Series A stage. Most of the 13 investments tracked by Shizune back companies in South Korea. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Kakao Games's check size?

Kakao Games typically joins rounds of $766k–$3M at Seed, $7.1M–$25M at Series A and $2.5M–$83M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Kakao Games participates in.

### How do I contact Kakao Games?

Public channels for Kakao Games include LinkedIn, the website linked on this profile and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Kakao Games?

The team at Kakao Games includes KyeHyun Cho (Co-CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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