VR Gaming Start-Up Playsnak Raises $2.5M in Seed Funding; New Investment from Japan’s gumi Inc!

What You Need to Know:

• Virtual reality gaming start-up Playsnak today announced it has secured an additional $1.2 million USD seed investment from global publisher and developer gumi Inc. This investment completes its initial seed funding round with a total of $2.5 million from backers, including an investment of $1.3 million from South Korea’s K Cube Ventures last year.
• Tokyo-based gumi Inc. said the investment reflected both the scale of its global ambitions and Playsnak’s early promise in the VR spaces. CEO of gumi inc. Hironao Kunimitsu stated that he's impressed with Playsnak and their ability to achieve so much in so little time, and that the partnership will only create more opportunities for both companies down the road.
• To read more about Playsnak and stay up to date with all the company’s latest news as they prepare to unveil their debut title, visit http://playsnak.com.

Source: Official gumi inc. Press Release

Official Statements

Hironao Kunimitsu, CEO of gumi inc. -We’ve been extremely impressed by what Playsnak has been able to achieve in the short period of time the company has been up and running. Its focus on creating first-class VR experiences fits perfectly with our own portfolio of products and ambitions to break new ground for gamers, and we believe this strategic partnership opens the door to exciting opportunities for both parties.

Paha Schulz, CEO of Playsnak - Investment from a well-established partner like gumi offers further affirmation that our vision for innovative VR content is on the right track. This funding will bolster our position and expand our capabilities as we build towards the announcement of our first VR game IP in the next weeks. We’re grateful to all our investors for their faith in us, and we look forward to giving players a first look at what we’ve been working on very soon.

This sounds like a promising business venture between two passionate companies. All the best on your journey to success!

Honey's wishes nothing but greatness for both gumi inc. and Playsnak!