À̹ÌÁö È®´ë [Photo provided by Miragesoft Inc.]
Softbank Ventures Asia Corp., the early-stage venture capital arm of Japan¡¯s SoftBank Group Corp., invested 2 billion won ($1.76 million) in South Korean virtual reality (VR) gaming startup Miragesoft Inc., to ramp up its investment drive in burgeoning VR market.
Softbank Ventures Asia announced Tuesday it has invested 2 billion won in VR game developer Miragesoft known for its flagship title ¡°Real VR Fishing,¡± a mobile VR fishing game.
The VR gaming startup, which was established in 2016 by former Facebook Oculus software engineer Ahn Joo-hyung, became the first Korean name to launch its ¡°Real VR Fishing¡± on Facebook¡¯s standalone VR headset Oculus Quest in 2019.
Its sales last year quadrupled from the previous year. ¡°Real VR Fishing¡± racked up more than $3 million on the Oculus Quest store in just a year of its launch. The game was also awarded Facebook Oculus¡¯s Sports and Fitness Game of the Year in 2019.
Miragesoft raises 99 percent of its sales overseas and has a huge potential to grow into a global VR gaming company, Softbank Ventures explained.
Miragesoft aims to expand its presence in the global market through setting up a subsidiary in North America, leveraging on Softbank Ventures¡¯ network, the company said.
By Pulse
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