KRAFTON is a South Korean video game publisher and holding company best known for PUBG: Battlegrounds. It also makes strategic investments across gaming, AI, and tech startups, including a $670M India-focused growth fund and the $30M Blue Ocean Games indie fund.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 4 prior). Average disclosed round size is $31.4M (across 41 rounds with reported amounts).
Portfolio
33
Fund Size
$670M
Top Stage
Series A
Last 12 Mo
1
Team
DL
Dahyun Lee
Client Programmer / UI Designer
Gunhee Kim
Game Designer
HC
Heejung Choi
Client Programmer / UI Designer
Hyunjun Kim
Project Manager
Steve Papoutsis
CEO
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
46 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Kuku FM | Series C | $85M | Oct 2025 |
 Pratilipi | Series D | — | Apr 2025 |
 CashFree | Series C | $53M | Feb 2025 |
| CashFree | Growth | $53M | Jan 2025 |
| KKuku | Series D | $85M | Jan 2025 |
| KKuku | Series C | $85M | Jan 2025 |
| KKuku TV | Series C | $85M | Jan 2025 |
 Ruckus | Series A | $19M | Nov 2024 |
 Levellr | Seed | $2.5M | Nov 2024 |
| EEschatology Entertainment | Unknown | — | Aug 2024 |
 Red Rover Interactive | Series A | — | Apr 2024 |
 Red Rover | Series A | $15M | Apr 2024 |
 Ruckus Games | Series A | $19M | Jan 2024 |
| Ruckus | Series A | $19M | Jan 2024 |
| Red Rover Interactive | Series A | $15M | Jan 2024 |
 Noodle Cat Games | Series A | $12M | Oct 2023 |
 MEBIGO LABS PRIVATE LIMITED | Unknown | $25M | Sep 2023 |
 Gardens Interactive | Series A | $31.3M | Jul 2023 |
 One Impression | Unknown | $10M | Mar 2023 |
| Noodle Cat Games | Series A | $4.1M | Jan 2023 |
| GGardens | Series A | $31.3M | Jan 2023 |
| Gardens Interactive | Series A | $31.3M | Jan 2023 |
| KKuku | Series A | $5.5M | Aug 2022 |
 Accelbyte | Series C | $60M | May 2022 |
 LILA Games | Series A | $10M | Mar 2022 |
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Top Co-Investors
India Quotient11 shared
BITKRAFT Ventures10 shared
TIRTA Ventures7 shared
Paramark Ventures6 shared
Transcend Fund6 shared
Sequoia Capital5 shared
The Fundamentum Partnership5 shared
Vertex Growth Fund4 shared
Granite Asia4 shared
Hiro Capital4 shared
Lightspeed Venture Partners3 shared
FunPlus3 shared
Overwolf3 shared
Behold Ventures3 shared
Galaxy Interactive3 shared
Makers Fund3 shared
Endeavor3 shared
Hashed3 shared
Nexus Venture Partners3 shared
Last updated: 20 October 2026