Sep 1, 2010

Social Game Startup, Pokelabo, Raised 1 billion Yen

Poke Labo, which provides Samurai Senki or Yakyu Tomo on Moba-ge-town, raised $12 million (1 billion Yen) from US based venture capital firm, DCM and Incubate Fund founded by DeNA, Moba-ge-town operator. DCM and Incubate Fund invests half amount respectively. This is the first investment for Incubate Fund.

As a startup founded in 2007 November, 1 billion yen is relatively a large scale. The company may be the first startup focusing on social game to raise such a large scale of capital.

Tech Crunch Japan, 9/1/2010

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