# METACRAFT

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/metacraft

- Industry: Media
- Headquarters: Seoul, South Korea
- Website: https://novelpia.com
- Total disclosed funding: $10M
- Latest round: Series B (May 4, 2022)
- Investors on record: 4

## About

Based in Seoul, South Korea, and founded in 2021, Metacraft Co., Ltd., a.k.a. Metacraft is a digital content company that operates the web novel platform Nobelpia to support the system that pays settlement fees for inquiries and fosters writers through various events. In May 2022, Metacraft raised KRW 8 billion in a Series B funding from MW Capital and SJ Investment Partners.

The company provides a web fiction platform that offers web novels of various genres and reader-friendly services. Metacraft also offers a wide range of IP-based games.

Metacraft generates revenue from the subscription of its platform package, which includes 1 month (KRW 14,900), a monthly subscription plus (KRW 9,900), and a 6-month pass (KRW 69,800).

## Funding rounds

- Series B, May 4, 2022, $6.3M — MW Capital, SJ Investment Partners
- Series A, Feb 14, 2022, $3.8M — Must Ventures, Chorokbaem

## Investors

- Must Ventures (https://capitalatlas.ai/funds/must-ventures) — Series A
- Chorokbaem — Series A
- MW Capital (https://capitalatlas.ai/funds/mw-capital) — Series B
- SJ Investment Partners (https://capitalatlas.ai/funds/sj-investment-partners) — Series B