Kakao Games Invests 15 Million USD In Playable Worlds

Through this investment, Kakao Games plans to secure development capabilities for Cloud-Native games and a metaverse platform.

Aspen Pash
By Aspen Pash, News Editor
Share:

Concept Art for Playable Worlds

As part of its increasing global profile and ambitious growth strategy, Korean game publisher Kakao Games has announced a $15 million investment from Kakao Games Europe B.V. in American independent game developer Playable Worlds, which focuses on Cloud-Native Games and a Metaverse platform that is currently at work developing its first Cloud-Native sandbox MMO game. The game is expected to be announced in 2023.

Kakao Games’ CEO, Kyehyun Cho stated: “We're thrilled to be partnering with the veteran pioneers of MMORPG and metaverse. Through this close partnership, we will do our best to successfully lead the ‘Beyond Korea’ Project and build a distinctive game field based on next-gen technology.”

In January of last year, Kakao Games also made a 20 million USD investment in American independent game developer Frost Giant Studios, which was founded in 2020 by industry veterans Tim Morten and Tim Campbell whose development credits include ‘StarCraft II’, ‘Command & Conquer’, and ‘Warcraft III.’ Kakao Games is continuing to grow and expand in a global market through investment opportunities and it should be an interesting game publisher to follow to see where their further investments may take them.

Share:
Got a news tip? Contact us directly here!

In this article: Kakao Games, Playable Worlds.

About the Author

Aspen Pash
Aspen Pash, News Editor
Aspen is an avid gamer and Twitch streamer currently residing in Japan. She is most attracted to games narrative design and is a huge fan of player choice in games. If Aspen is not playing games, she is most certainly writing about them.

Discussion (0)


Read Next

Neverwinter’s Dragonslayer Trailer and Update Introduces Fantastical Dragons For June’s Update

Neverwinter’s Dragonslayer Trailer and Update Introduces Fantastical Dragons For June’s Update

Dragons are taking over and bringing many unique species to the game.

By Aspen Pash - 11 months ago

You May Enjoy

Marvel Snap Datamine Hits The Internet And Details April Season Content

Marvel Snap Datamine Hits The Internet And Details April Season Content

If you're looking to build an all animal deck, this could be the update for you.

By Troy Blackburn - 1 week ago
New Map "Bloodhaven" Coming Soon To Goose Goose Duck, Complete With A Day/Night Cycle

New Map "Bloodhaven" Coming Soon To Goose Goose Duck, Complete With A Day/Night Cycle

This spooky level features a day and night cycle plus 9 new roles.

By Matthew D'Onofrio - 1 week ago
Ex-Blizzard Veterans Reflect On "Difficulty" Leaving Company After Forming New Studio

Ex-Blizzard Veterans Reflect On "Difficulty" Leaving Company After Forming New Studio

"I still believe Blizzard can re-emerge as a haven for creatives with a positive culture for all employees."

By Matthew D'Onofrio - 5 days ago
Dress Like A Tonberry For Hatching-tide And Prep For FFXIV's 24 Hours Maintenance For NA Data Center Replacement

Dress Like A Tonberry For Hatching-tide And Prep For FFXIV's 24 Hours Maintenance For NA Data Center Replacement

Rolling through Eorzea passing out Chef's kisses... what could be better?

By Michael Byrne - 1 day ago
Latest Forged In Aeternum Discusses Skin Designs Ahead Of This Summer's Transmog System

Latest Forged In Aeternum Discusses Skin Designs Ahead Of This Summer's Transmog System

Find out how your favorite skin was made.

By QuintLyn Bowers - 1 week ago
Mad World Is Looking For Partner Creators To Produce Content For The Game

Mad World Is Looking For Partner Creators To Produce Content For The Game

You can sign up and earn exclusive skins and titles in game, and other gifts.

By Troy Blackburn - 4 days ago