Video game developer KEK Entertainment and former Pixonic top managers Georgy Egorov and Oleg Poroshin raised $8 million for product development. In the current round, existing investors including The Games Fund and Play Ventures invested in the startup.

Video game developer KEK Entertainment raised $8 million for product development

Video game developer KEK Entertainment has raised $8 million in a seed round. This was reported by Venturebeat; Information about the deal is not yet reflected in the startup’s card on Crunchbase.

Several funds invested in the startup, the round was led by Korea Investment Partners, and existing KEK Entertainment investors The Games Fund and Play Ventures, who previously acted as lead investors in the $3 million round, also participated.

KEK Entertainment will use the funds raised to develop cross-platform games on PC, consoles and mobile devices.

KEK Entertainment was founded by former CEO and COO of mobile game developer Pixonic Georgy Egorov and Oleg Poroshin, who have worked at the company since 2019.


Kirill Bilyk

Source: RB

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