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Social Gaming Venture Fund Launched

  • Thomas Oppong
  • Jun 17, 2010
  • 1 minute read

DeNA, the Japanese mobile social gaming company, has announced its contribution of $27.5 million towards a new venture capital fund called Incubate Fund No. 1 Limited Partnership. With its investment, DeNA holds an 83% stake in the fund.

Based in Tokyo, the fund is designed to invest in companies working in open social media, with a preference for social gaming startups. According to the press release, DeNA will invest in game developers that can be included in their mobile gaming platform, Mobage-Town. The company says it is targeting app developers who are interested in both domestic and global markets, and the fund will be aimed largely at those gaming companies at the seed round.

Thomas Oppong

Founder at Alltopstartups and author of Working in The Gig Economy. His work has been featured at Forbes, Business Insider, Entrepreneur, and Inc. Magazine.

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1 comment
  1. felix Nyamai says:
    Apr 14, 2011 at 8:32 am

    Nyaley (ea)ltd is newly registered company that deal with general supplies and services to government departments and parastatals. Currently we are missing out some tenders because we luck enough capital to flex our muscles fully.We hope in you we can come in good terms and do business together.

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