IzanagiGames started operations in the past few years and in the time, the company has geared up for upcoming games with talent like Danganronpa creator Kazutaka Kodaka from Too Kyo Games. With games like World’s End Club and Yurukill: The Calumination Games coming up, they’ve secured a lot of funding through shares and investments. To date, IzanagiGames raised 368 million yen with companies like NetEase and Colopl. This gives the development studio funding to:
- Hire more staff and expand developments
- Improve quality of upcoming games
- Strive toward the goal of creating a new series of games
Here’s the full announcement from IzanagiGames:
IzanagiGames, Inc. has raised 166.8 million yen in funds through a third-party allocation of new shares to COLOPL NEXT No.4 Fund Investment Partnership and Akatsuki Inc.
IzanagiGames, Inc. (located in Koto-ku, Tokyo, Japan, and led by CEO/Producer Shinsuke Umeda) announced that the company has raised 166.8 million yen in funds via COLOPL NEXT No.4 Fund Investment Partnership and Akatsuki Inc. With the increase of funds, the total amount of funds that the company has procured to date is 368.8 million yen.
IzanagiGames specializes in producing and publishing interactive entertainment, with a focus on showcasing Japanese games to the world. With the increase of the funds, the company aims to bolster human resource management as well as improve the quality of their upcoming projects, with the ultimate goal of producing a series of hit titles.
The major shareholders of the company after this third-party allotment are Shinsuke Umeda, COLOPL NEXT No.4 Fund Investment Partnership, Makers Fund, NetEase, and Akatsuki Inc.
IzanagiGames’ most recent release, Death Come True, is out now for PS4, Switch, iOS, Android and Steam. Stay tuned at Final Weapon for the latest Japanese gaming news and updates!
