About 5minlab
5minlab is a company based in Seoul (South Korea) founded in 2013 by Moonhyoung Park was acquired by Krafton in February 2022. 5minlab has raised $5.31 million across 2 funding rounds from investors including Krafton, LINE Games and Aju IB Investment. 5minlab operates in a competitive market with competitors including Zynga, Rovio, Scopely, Animoca Brands and Electronic Arts, among others.
- Headquarter Seoul, South Korea
- Founders Moonhyoung Park
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Media & EntertainmentTechnology
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Funding Insights of 5minlab
5minlab has successfully raised a total of $5.31M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.31 million completed in October 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in 5minlab
5minlab has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Krafton, LINE Games and Aju IB Investment.
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Operates as a sector-agnostic accelerator for startups.
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Investor details for 5minlab
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Investments & Acquisitions by 5minlab
Investment portfolio details for 5minlab
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Financial Statements - 5minlab
Detailed financials for 5minlab
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5Minlab Comparisons
Peer comparison for 5minlab
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Competitors of 5minlab
5minlab operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zynga, Rovio, Scopely, Animoca Brands and Electronic Arts, among others.
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Casual games developer and publisher for mobile and web platforms
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Mobile game developer specializing in casual games
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Casual mobile games are developed, published, and operated across platforms.
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Blockchain-based PC and mobile games are developed and published.
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Video game developers focused on core games
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Mobile games are developed and published by Jam City.
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Detailed competitors of 5minlab
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Latest news on 5Minlab
Complete news archive for 5minlab
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Frequently Asked Questions about 5minlab
5minlab was founded in 2013 and raised its 1st funding round 6 years after it was founded.
5minlab is headquartered in Seoul, South Korea.
Moonhyoung Park is the current CEO of 5minlab. They have also founded this company.
5minlab is a funded company, having raised a total of $5.31M across 2 funding rounds to date.
5minlab was founded in 2013 in Seoul, South Korea, as a studio focused on casual and VR game development. Titles such as Express Thru, Baam Squad, Brickscape, and Toy Clash have been created, encompassing arcade, puzzle, MMO, and role-playing genres. These games are distributed across Android, iOS, Amazon Play Store, Microsoft Windows, Steam, and Playstation VR. Revenue is obtained via in-app purchases.
5minlab has 5 investors. Key investors include Krafton, LINE Games, Aju IB Investment, Korea Credit Guarantee Fund, and HYK Partners.