NetEase

NetEase, Inc., established in 1997, is a prominent Chinese Internet technology company headquartered in Hangzhou. It specializes in providing online services focused on content, community, communication, and commerce. NetEase operates in three primary segments: Online Games Services, Youdao (an AI-driven knowledge platform), and Innovative Businesses and Others. The company develops and operates popular PC-client and mobile games, both self-developed and licensed from global leaders like Blizzard Entertainment. Additionally, it offers a range of services including online music streaming (NetEase Cloud Music), e-commerce (Yanxuan), live streaming (CC Live Streaming), email service (NetEase Mail), and enterprise solutions such as Youdao Smart Cloud. NetEase also provides online courses and interactive learning apps through its education platform. As of 2021, the company has over 700 million registered users across its services.

Bill Pang

Vice President of Corporate Development

Ethan Wang

VP

Simon Zhu

President, Global Investment and Partnership

Past deals in Video Games

Build A Rocket Boy

Series D in 2024
Build A Rocket Boy Ltd is a game development company based in Edinburgh, United Kingdom, with additional studios in Budapest. Founded in 2016 and originally known as Royal Circus Limited until its name change in 2018, the company focuses on creating open-world video games that feature customizable characters and multi-narrative storylines. Its games are designed to enhance the gaming experience through cooperative multiplayer modes, allowing players to engage in immersive virtual environments. The company provides a range of services including animation, art, coding, finance, information technology, marketing, production, technical design, and analytics, all aimed at delivering innovative gaming experiences.

MyDearest

Series C in 2023
MyDearest Inc. is a Tokyo-based company specializing in the development and publication of virtual reality (VR) games and experiences. Founded in 2016, the company focuses on creating unique VR content, including its flagship product, FullDive Novel, which offers an immersive VR novel experience. MyDearest provides a range of animated visual novels that leverage VR technology, allowing players to engage with stories from a first-person perspective. Additionally, the company offers VR consulting services, further contributing to the expansion of virtual reality in interactive storytelling.

CharacterBank

Series A in 2023
CharacterBank Co., Ltd., founded in 2019 and based in Kyoto, Japan, specializes in the design and development of multiplayer virtual reality games, notably the human wolf game ANSUZ. The company offers contract development services for game planning, development, and management events tailored to augmented, virtual, and mixed reality devices. CharacterBank's platform aims to deliver diverse gaming experiences across various virtual reality devices, allowing gamers to engage in unprecedented gameplay.

Skybox Labs

Acquisition in 2023
Skybox Labs is a game development studio that focuses on creating high-quality AAA titles in collaboration with prominent game publishers such as Microsoft Studios, Wizards of the Coast, and Electronic Arts. The studio partners with industry veterans to develop engaging content for various markets, including casual, family, and children's games. In addition to console and mobile games, Skybox Labs also develops applications for web and social platforms. Through these collaborations, the company aims to help publishers successfully launch appealing video games.

Rebel Wolves

Corporate Round in 2022
Rebel Wolves is a gaming studio focused on developing a dark fantasy role-playing game (RPG) that aims to transform the genre. Utilizing the Unreal Engine 5, the company is creating a story-driven experience for next-generation consoles and PCs. The studio emphasizes the importance of narrative and player choice in its design, striving to deliver a unique and immersive gaming experience.

Playpulse

Corporate Round in 2022
PlayPulse specializes in merging gaming with physical fitness through its innovative product, the PlayPulse ONE, an exercise bike that incorporates game controllers and custom video games. This unique approach allows users to control their in-game movement through pedaling, transforming workouts into engaging gaming experiences. The platform focuses on high-intensity interval training and aims to enhance exercise motivation while addressing sedentary lifestyles. By creating a community of exercise gamers, PlayPulse seeks to make physical activity enjoyable and accessible, ultimately contributing to the growth of the fitness market and promoting overall health and well-being.

Astrid Entertainment

Pre Seed Round in 2022
Astrid Entertainment is an emerging gaming company focused on creating its first interactive universe. The company operates a game and entertainment studio that aims to deliver engaging multiplayer content. Its games enable players to explore expansive worlds, embark on adventures, interact with intriguing characters, and acquire new skills while collecting and sharing resources. By offering these immersive experiences, Astrid Entertainment aspires to foster positive community engagement among gamers and inspire a sense of wonder in fantastical living environments.

Liquid Swords

Corporate Round in 2022
Liquid Swords is a game development studio dedicated to creating AAA open-world action games. The company specializes in producing action-oriented video games designed for adult core audiences, targeting both consoles and personal computers. By focusing on delivering highly entertaining experiences, Liquid Swords aims to engage players and expand their creative horizons through innovative game design.

Star Painters

Venture Round in 2022
Star Painters is a game art outsourcing company that specializes in the creation of game art using both 2D and 3D software tools. The firm provides a range of services, including project management, art styles, and development technologies tailored to various game artworks. With a dedicated team, Star Painters focuses on delivering high-quality art services to its clients, ensuring that their specific needs and project requirements are met effectively.

Quantic Dream

Acquisition in 2022
Quantic Dream SA, founded in 1997 and based in Paris, France, specializes in the production, development, and sale of entertainment games primarily for PlayStation consoles. The company offers a range of science-fiction-based games that feature advanced special effects and graphics, available through the PlayStation Store as well as retail outlets. Quantic Dream operates an online gaming platform that supports both 2D and 3D games, enhancing user experience with interactive entertainment and digital communications. The company is equipped with motion capture and post-treatment facilities in Europe, which contribute to the quality and innovation of its game offerings.

Something Wicked Games

Seed Round in 2022
Something Wicked Games is an independent video game studio focused on creating immersive gaming experiences that challenge players' perceptions of reality. The studio's games encourage players to explore diverse identities, allowing them to choose their gender and race while navigating richly designed environments. With a commitment to innovation and creativity, the studio aims to attract top talent from the industry, blending experienced professionals with forward-thinking individuals. The emphasis on independent judgment and proactive scheduling fosters a vibrant and inclusive creative atmosphere, enabling the development of life-like video games that engage players in unique and thought-provoking ways.

Lightforge Games

Series A in 2022
Lightforge Games is an all-remote gaming studio comprised of industry veterans focused on revolutionizing the role-playing game (RPG) genre. The company aims to create a unique gaming experience by fostering a culture of empathy, honesty, and growth. Through its innovative approach, Lightforge Games seeks to engage a diverse range of creative thinkers and dreamers, building a sustainable studio dedicated to developing and publishing RPGs that resonate with players.

Haegin

Series B in 2022
HAEGIN Co., Ltd. is a mobile game development company founded in 2017 and based in Seoul, South Korea. The company focuses on creating casual and mid-core games, catering to a wide audience by providing engaging gaming experiences. HAEGIN specializes in developing games that emphasize longevity and replayability, drawing on themes rooted in traditional Korean culture. Through its diverse game offerings, HAEGIN aims to appeal to casual gamers while also attracting players looking for more in-depth gameplay experiences.

Xinguang Liumei

Series B in 2021
Xinguang Liumei specializes in the development and operation of mobile games, aiming to enhance the gaming experience for its users. The company is dedicated to creating entertaining and engaging game content while also focusing on the development of gaming intellectual property. Through its innovative approach, Xinguang Liumei seeks to achieve commercial success and provide players with a more immersive and enjoyable gaming experience.

Grasshopper Manufacture

Acquisition in 2021
Grasshopper Manufacture is a video game developer based in Tokyo, Japan, known for its focus on creating and publishing superhero and action-based games. The company emphasizes a unique blend of gaming and rock music culture, aiming to deliver engaging experiences that resonate with players. Through careful planning, research, and development, Grasshopper Manufacture has carved out a distinct identity within the video game industry.

Kepler Interactive

Funding Round in 2021
Kepler Interactive is a global game developer and publisher that operates on a co-ownership model, empowering game studio founders by providing them with a stake in the business and a significant role in strategic decision-making. This approach allows studios to maintain their creative independence while developing engaging and commercially successful games for a broad audience. Headquartered in London and Singapore, the company is supported by a leadership team with extensive experience in the gaming industry, adept in financing, marketing, and collaborating with developers to effectively bring quality games to market at scale.

Lightforge Games

Seed Round in 2021
Lightforge Games is an all-remote gaming studio comprised of industry veterans focused on revolutionizing the role-playing game (RPG) genre. The company aims to create a unique gaming experience by fostering a culture of empathy, honesty, and growth. Through its innovative approach, Lightforge Games seeks to engage a diverse range of creative thinkers and dreamers, building a sustainable studio dedicated to developing and publishing RPGs that resonate with players.

Theorycraft Games

Series A in 2021
Theorycraft Games operates as an independent game development studio that operates remotely. The company is in process of developing its first game codenamed Loki. Theorycraft was founded in 2020 and is headquartered in Los Angeles, California, United States.

Redhill Games

Funding Round in 2021
Redhill Games Ltd. is a Helsinki-based game development studio established in 2018, focusing on creating accessible and high-quality free-to-play PC games. Founded by former Remedy CEO Matias Myllyrinne in collaboration with industry veterans from Wargaming and Remedy, the company specializes in multiplayer tactical shooter games. Redhill Games aims to provide engaging team-based gaming experiences for a global audience, emphasizing both quality and accessibility in their offerings.

Build A Rocket Boy

Series B in 2020
Build A Rocket Boy Ltd is a game development company based in Edinburgh, United Kingdom, with additional studios in Budapest. Founded in 2016 and originally known as Royal Circus Limited until its name change in 2018, the company focuses on creating open-world video games that feature customizable characters and multi-narrative storylines. Its games are designed to enhance the gaming experience through cooperative multiplayer modes, allowing players to engage in immersive virtual environments. The company provides a range of services including animation, art, coding, finance, information technology, marketing, production, technical design, and analytics, all aimed at delivering innovative gaming experiences.

Bossa Studios

Series B in 2019
Bossa Studios, established in 2010 and based in London, is an independent game developer and publisher. It creates original, genre-defying games for various platforms, including social networks, mobile, handhelds, and consoles. Notable titles include BAFTA-winning 'Monstermind', BAFTA-nominated 'Surgeon Simulator', 'I am Bread', and 'Worlds Adrift'. Bossa Studios sells its games through online stores, engaging and growing audiences worldwide with innovative, physics-based, and comedic gaming experiences.

Behaviour Interactive

Corporate Round in 2019
Behaviour Interactive Inc. is an independent game developer based in Montreal, Canada, with an additional location in Santiago, Chile. Founded in 1992, the company specializes in creating video games for various platforms, focusing on the digital market. It collaborates with a range of prominent publishers and licensors, including Activision Blizzard, Ubisoft, and Disney, to deliver engaging action and adventure titles. Formerly known as Artificial Mind & Movement, Inc., the company rebranded to Behaviour Interactive Inc. in 2010. Through its strategic partnerships and dedication to enhancing interactive gaming experiences, Behaviour Interactive has established itself as a significant player in the global entertainment industry.

ThatGameCompany

Series C in 2019
thatgamecompany, LLC is a video game developer based in Los Angeles, California, founded in 2006. The company specializes in creating artistically crafted and broadly accessible video games that aim to enhance the interactive entertainment landscape. Its games are available on various platforms, including PlayStation, computers, and mobile devices, allowing players to engage with enriching experiences designed to inspire and positively impact their lives. Through a commitment to meaningful gameplay, thatgamecompany seeks to push the boundaries of traditional gaming while respecting and engaging its audience.

Quantic Dream

Corporate Round in 2019
Quantic Dream SA, founded in 1997 and based in Paris, France, specializes in the production, development, and sale of entertainment games primarily for PlayStation consoles. The company offers a range of science-fiction-based games that feature advanced special effects and graphics, available through the PlayStation Store as well as retail outlets. Quantic Dream operates an online gaming platform that supports both 2D and 3D games, enhancing user experience with interactive entertainment and digital communications. The company is equipped with motion capture and post-treatment facilities in Europe, which contribute to the quality and innovation of its game offerings.

Joy Nova

Series A in 2018
Joy Nova develops domestic and competitive sports games.

Jumpship

Seed Round in 2018
Jumpship Limited is an independent game development studio based in Guildford, United Kingdom, established in 2017. The company focuses on creating original intellectual properties, specializing in sci-fi action-adventure games that emphasize story-driven narratives. By expanding the definitions of interactive media, Jumpship aims to provide players with immersive experiences across various gaming platforms, including consoles and computers.

Bungie

Corporate Round in 2018
Bungie, Inc. is a video game development company based in Bellevue, Washington, founded in 1991. Known for its popular franchises, particularly the Halo series and Destiny, Bungie creates a range of action and online multiplayer games that cater to diverse gaming preferences. In addition to game development, Bungie operates an online store that sells a variety of merchandise, including apparel, soundtracks, accessories, art, and collectibles. The company emphasizes independence and employee ownership, fostering a creative environment for its developers. Over the years, Bungie has evolved from its modest beginnings to become a significant player in the gaming industry, recognized for its innovative contributions and engaging gaming experiences.

Shenlong Meizi Tuan

Angel Round in 2017
Shenlong Meizi Tuan provides music, singing and modeling services to girls in video games, music videos as well as fun stories.

ThatGameCompany

Series C in 2017
thatgamecompany, LLC is a video game developer based in Los Angeles, California, founded in 2006. The company specializes in creating artistically crafted and broadly accessible video games that aim to enhance the interactive entertainment landscape. Its games are available on various platforms, including PlayStation, computers, and mobile devices, allowing players to engage with enriching experiences designed to inspire and positively impact their lives. Through a commitment to meaningful gameplay, thatgamecompany seeks to push the boundaries of traditional gaming while respecting and engaging its audience.

Reforged Studios

Seed Round in 2015
Reforged Studios, established in 2015 and based in Helsinki, Finland, is a privately held game studio dedicated to designing and developing high-quality games across multiple platforms. Driven by a passion for games and a vision to empower creativity, the company specializes in creating battle strategy games, combining artistic freedom, innovative design, and a solid understanding of gaming culture and genres. Reforged Studios aims to produce world-class core games with strong mainstream appeal and AAA production values.

Motiga

Debt Financing in 2014
Motiga, Inc. is a game development studio located in Bellevue, Washington, established in 2010. The company focuses on creating engaging online games for PC, with a mission to design core gaming experiences that are both accessible and enjoyable. Motiga aims to foster connections among players through the challenge and reward presented in their games. Since early 2012, the studio has been dedicated to developing a new PC online game, leveraging the expertise of a talented team within the industry. Although details about the current project remain undisclosed, Motiga continues to emphasize its commitment to delivering fun and immersive gaming experiences.
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