Startup Fundraising•

MMORPG Developer Jay Dragon Games Raises Funding from CRIT Ventures and Mainstreet

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Alvaro de la Maza

Partner at Aninver

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Key Takeaways

  • Jay Dragon Games raised a new round from CRIT Ventures, Mainstreet Ventures.
  • Sector: Technology, Software & Gaming.
  • Geography: South Korea, Taiwan.

Analysis

  • Jay Dragon Games, an MMORPG developer founded by a former CTO of Lionheart Studio, has secured funding from CRIT Ventures and Mainstreet.
  • The company is developing 'Project D', an MMORPG with cross-play support for PC and mobile, featuring diverse gameplay elements like mobile action combat and a monster taming system.
  • The funding will be used to accelerate the development of 'Project D', expand the development team, and target the Asia-Pacific market, starting with South Korea and Taiwan.
  • Investors cited Jay Dragon Games' proven MMORPG development and operation capabilities, as well as the team's commercial service experience, as key factors for investment.
  • The game aims to combine familiar MMORPG fun with new combat and skill system innovations.