# Aloha Factory

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aloha-factory

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: http://www.aloha-corp.com
- Total disclosed funding: $4.6M
- Latest round: Series A (Aug 11, 2022)
- Investors on record: 4

## About

Based in Seoul, South Korea, and founded in 2018, by CEO Lee Ho-jin, Aloha Factory dba Dragon Island is a game development company that operates intuitive, hyper-casual mobile games. The company has developed more than 150 prototypes and more than 20 mobile casual games. In August 2022, Dragon Island raised KRW 6 billion in Series A funding, led by LB Investment, Crit Ventures, Korea Investment Partners, and POSCO Capital.

The company develops various genres of hyper-casual games, including puzzles, arcades, and drawing, such as dragon island, blockpuzzle 1010!, draw hammer, and monster house, which enable users to play games and have fun.

## Funding rounds

- Series A, Aug 11, 2022, $4.6M — LB Investment, Korea Investment Partners, Posco Investment, Crit Ventures

## Investors

- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series A
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A
- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Series A
- Crit Ventures (https://capitalatlas.ai/funds/crit-ventures) — Series A
