Playsnak Receives $1.3 Million Investment in VR Content Development

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Beijing time on November 1 news, a game developer Playsnak recently announced that it has successfully won a seed round of 1.3 million from the Korean venture capital firm K Cube Ventures, Playsnak company has offices in Berlin, Los Angeles, Germany have two studios . This money will be used to develop VR content and mobile development.

Playsnak was founded in 2015. The initial team consisted of Crayek (a video game developer in Europe with "Crysis" series), NCsoft (South Korea's online game company, masterpiece "Sword Spirit"), and EA, Paha Schulz (3D). Game Engine Company) and Nintendo's senior talents co-founded.

Paha Schulz, Playsnak’s CEO and founder, stated: “ With this financing, the company will continue to focus on the development and exploration of innovative VR and mobile games, placing its core in the Asian and Western game markets and becoming a true player in the gaming industry. Global leader. "

The company not only has excellent game development teams, develops video games, but also distributes third-party games from global mobile game developers in order to bring Asian local games to European and American markets, while virtual reality (VR), currently There is no official announcement of what game content to develop.

K Cube Ventures, which invests in Playsnak, is an investment company from Seoul, South Korea. The company specializes in games, technology, smart phones and other related fields. Andy Shin, head of the venture capital , said, “ Playsnack is based on an excellent R&D team. Both virtual reality (VR) content and game business have extensive R&D experience. We expect Playsnack to become the next-generation game market leader, leading the industry in VR content capabilities and diversified global business capabilities ."

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