Bandai Namco Entertainment invests in more U.S. game startups
Are you looking to showcase your brand in front of the brightest minds of the gaming industry? Consider getting a custom GamesBeat sponsorship. Learn more.
Bandai Namco’s 021 Fund said it has invested in two additional U.S. game startups — Flickplay and Code Charm — as part of its strategic investment plan.
The Japanese-based company, a division of global game giant Bandai Namco Entertainment, is investing in game startups in the U.S. despite a recent spate of gaming layoffs and a slowdown in gaming venture capital investments.
This strategic investment aligns with Bandai Namco’s overarching vision of fostering deep, diverse relationships with fans, partners, employees, and communities worldwide under the theme “Fun for All into the Future.”
“We continue to invest in the U.S. market and startups in America because we think the U.S. is like the center of advanced technology and also the center of entertainment,” said Yoyo Yang, chief of the corporate planning unit at Bandai Namco Entertainment, in an interview with GamesBeat. “That’s why we invest even though the environment right now for fundraising and startups is not that good. We are committed to the community and we continue to invest in the good companies. All of these solutions in these companies are focused on the community itself.”
GamesBeat at the Game Awards
We invite you to join us in LA for GamesBeat at the Game Awards event this December 7. Reserve your spot now as space is limited!
She noted that Code Charm’s Magma is focused on supporting creators all over the world, while Flickplay is focused on communities around digital and physical characters. Previously, Bandai Namco also said it invested in GGWP, which is focused on reducing toxic behavior in
Read more on venturebeat.com
