Brave group Raises Additional US$10M in Funding

Brave group, a Tokyo, Japan-based provider of a virtual IP, raised $10M in funding.

Backers included Dawn Capital and Osaka Gas Co., Ltd., foreign investment funds and individual investors. This brings the total raised capital to US$18m.

The company intends to use the funds to strengthen its existing business operations and global expansion, expand its solution services for clients in the metaverse marketing business, develop additional “Brave Engine” products and other new businesses, and strengthen its management structure.

Led by CEO Keito Noguchi, Brave group develops and operates virtual IP such as RIOT MUSIC and other virtual artists, and also provides solutions about metaverse marketing.

Brave group’s recent business moves intended to strengthen alliances for global development include collaboration with “MyAnimeList,” which operates one of the world’s largest animation communities, and a business alliance with “Billboard Indonesia,” the Indonesian version of “Billboard,” formed in May 2022. In addition, in the metaverse marketing business launched last year, Brave group has developed a series of solution services for corporate clients and are steadily building a track record.

The company’s content has been viewed by users in more than 150 countries, with a total of more than 1 million followers on social networking sites, and a total of more than 100 million views on YouTube.

FinSMEs

24/06/2022