# Ngine Studios

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ngine-studios

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.ngine.co.kr
- Total disclosed funding: $0.7M
- Latest round: Series B (Mar 1, 2013)
- Investors on record: 3

## About

Ngine Studios is a South Korean company that specializes in the development of interactive entertainment software, focusing primarily on mobile and online games.Ngine Studios, based in Seoul, South Korea, focuses on creating engaging online and mobile gaming experiences. The company has undergone significant funding rounds, with the most recent being a Series A round in which it raised KRW 800.000 mn. The company has participated in 2 deals, with the latest deal recorded on March 1, 2013. Ngine Studios has been a target for investment from firms like SBVA.Ngine Studios specializes in developing interactive entertainment software, particularly in the realm of online and mobile gaming. Their core products include massively multiplayer online games (MMOs) and free-to-play titles designed to engage a wide array of gamers. The games feature immersive gameplay mechanics, including character customization and community interaction, aimed at providing social gaming experiences across various platforms.Ngine Studios generates revenue through a combination of in-game purchases, advertising, and partnerships within the gaming ecosystem. Their business model typically allows users to access core functionalities for free, with options for purchasing virtual items and enhancements. This framework supports a robust relationship with consumers, who engage through direct transactions for upgraded content.Looking ahead, Ngine Studios plans to launch new gaming products focusing on innovative features and design, targeting a release date in the upcoming year. The company is also considering expansion into new geographic markets, including North America and Europe, aiming for significant market presence by 2025. Recent funding from the Series A round is expected to bolster these initiatives and support strategic growth efforts.

## Funding rounds

- Series B, Mar 1, 2013 — AJU IB Investment, Shinhan Venture Investment, SBVA
- Series A, Mar 8, 2012, $0.7M — SBVA

## Investors

- SBVA (https://capitalatlas.ai/funds/sbva) — Series A, Series B
- AJU IB Investment (https://capitalatlas.ai/funds/aju-ib-investment) — Series B
- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series B