About LINE Games
LINE Games is a company based in Seoul (South Korea) founded in 2017 by Daniel Posner.. LINE Games has raised $5.8 million across 1 funding round from investors including FTX, Blocore and GuildFi. LINE Games operates in a competitive market with competitors including Nexon, Netmarble Games Corporation, Space Ape Games, IGG and Electronic Arts, among others.
- Headquarter Seoul, South Korea
- Founders Daniel Posner
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Line Games 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
$5.8 M (USD)
in 1 rounds
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Latest Funding Round
$5.8 M (USD), Series A
Aug 09, 2022
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Investors
FTX
& 5 more
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Employee Count
Employee Count
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Funding Insights of LINE Games
LINE Games has successfully raised a total of $5.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.8 million completed in August 2022. 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 1
- Last Round Series A — $5.8M
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First Round
First Round
(09 Aug 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - LINE Games | Valuation | Blocore |
| 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 LINE Games
LINE Games has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include FTX, Blocore and GuildFi. 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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Blockchain projects are funded by Blocore, a venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investments in gaming, Web3, and AI technologies.
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Founded Year | Domain | Location | |
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Innovative capital and hands-on support are provided globally.
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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 LINE Games
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LINE Games
| 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 |
Line Games Comparisons
Competitors of LINE Games
LINE Games 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 Nexon, Netmarble Games Corporation, Space Ape Games, IGG and Electronic Arts, 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 |
Nexon is recognized as a leading developer of online games.
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| domain | founded_year | HQ Location |
Mobile-based mid-core games are developed and published across platforms.
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| domain | founded_year | HQ Location |
Mobile Game developer specializing in mid-Core games
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| domain | founded_year | HQ Location |
Video game developer and publisher focusing on MMORPGs for mobile, browser and PC platforms
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| domain | founded_year | HQ Location |
Video game developers focused on core games
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| domain | founded_year | HQ Location |
Casual mobile games are developed with ad-based monetization models.
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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 Line Games
Frequently Asked Questions about LINE Games
When was LINE Games founded?
LINE Games was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is LINE Games located?
LINE Games is headquartered in Seoul, South Korea.
Is LINE Games a funded company?
LINE Games is a funded company, having raised a total of $5.8M across 1 funding round to date. The company's 1st funding round was a Series A of $5.8M, raised on Aug 09, 2022.
What does LINE Games do?
Mobile game developer publisher of mid-core genres. The company specializes in developing mid-core games such as role-playing, first-person shooter, MMO, etc. Some of the games developed by the company include Exos Heroes, First Summoner, Destiny Child, Dragon Flight, etc. These games are available on the Android iOS platforms. It generates revenue through in-app purchases. The upcoming game is TPS RPG for the PC platform.
Who are the top competitors of LINE Games?
LINE Games's top competitors include Linekong, Netmarble Games Corporation and Nexon.
Who are LINE Games's investors?
LINE Games has 6 investors. Key investors include FTX, Blocore, GuildFi, BITKRAFT, and Formless Capital.
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