About Bluehole Studio
Bluehole Studio is a company based in Seongnam-si (South Korea) founded in 2007 by Chang Byung gyu.. Bluehole Studio has raised $13 million across 2 funding rounds from investors including Tencent, Premier Partners and IMM Korea. Bluehole Studio has completed 1 acquisition, including Delusion Studio. Bluehole Studio operates in a competitive market with competitors including Electronic Arts, Riot Games, Krafton, Ubisoft and Activision, among others.
- Headquarter Seongnam-si, South Korea
- Founders Chang Byung gyu
- Stage Unicorn
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Krafton Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Tencent
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Bluehole Studio
Bluehole Studio has successfully raised a total of $13M across 2 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(25 Jun 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Series C - Bluehole Studio | Valuation | Tencent |
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| Jun, 2014 | Amount | Series B - Bluehole Studio | Valuation | Premier Partners , IMM Investment |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bluehole Studio
Bluehole Studio has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Premier Partners and IMM Korea. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity & venture capital firm
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Founded Year | Domain | Location | |
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Growth stage companies are targeted for private equity investments.
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Founded Year | Domain | Location | |
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Value-added internet, mobile, and telecom services are provided in China.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bluehole Studio
Bluehole Studio has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Delusion Studio. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mobile game development studio
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bluehole Studio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bluehole Studio Comparisons
Competitors of Bluehole Studio
Bluehole Studio 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 Electronic Arts, Riot Games, Krafton, Ubisoft and Activision, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Video game developers focused on core games
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| domain | founded_year | HQ Location |
Video games are developed and eSports tournaments are organized.
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| domain | founded_year | HQ Location |
A variety of online multiplayer games is provided by Krafton.
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| domain | founded_year | HQ Location |
Video games are developed and published by Ubisoft worldwide.
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| domain | founded_year | HQ Location |
Video games are developed and published by Activision.
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| domain | founded_year | HQ Location |
Virtual reality games and platforms are developed by Linden Lab.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bluehole Studio
Frequently Asked Questions about Bluehole Studio
When was Bluehole Studio founded?
Bluehole Studio was founded in 2007 and raised its 1st funding round 7 years after it was founded.
Where is Bluehole Studio located?
Bluehole Studio is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Is Bluehole Studio a funded company?
Bluehole Studio is a funded company, having raised a total of $13M across 2 funding rounds to date. The company's 1st funding round was a Series B of $13M, raised on Jun 25, 2014.
What does Bluehole Studio do?
Bluehole Studio was established in 2007 in Seongnam-si, South Korea, as a developer and publisher in the video game sector. Focus is placed on creating MMORPG titles, with releases including PUBG, TERA, and Devilian. These games are distributed via Steam and the PlayStation Store. Operations rely on a freemium revenue model to support ongoing development.
Who are the top competitors of Bluehole Studio?
Bluehole Studio's top competitors include Krafton, Riot Games and Ubisoft.
How many acquisitions has Bluehole Studio made?
Bluehole Studio has made 1 acquisition, including Delusion Studio.
Who are Bluehole Studio's investors?
Bluehole Studio has 3 investors. Key investors include Tencent, Premier Partners, and IMM Korea.
What is Bluehole Studio's valuation?
The valuation of Bluehole Studio is $4.6B as of Aug 2017.