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Kakao Games publishes and develops video games for PC, mobile, and VR, handling both original titles and third-party releases. It earns mainly from in-game purchases and downloads, and markets games by leveraging KakaoTalk to reach a global audience. It differentiates itself by integrating with Kakao’s ecosystem and growing through strategic investments in studios to secure a steady pipeline of titles. Its goal is to broaden its development pipeline and publishing reach to increase revenue from both new and existing games.
Industries
Consumer Software
Entertainment
Gaming
Company Size
51-200
Company Stage
Growth Equity (Venture Capital)
Total Funding
$130M
Headquarters
Seongnam-si, South Korea
Founded
2015
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Total Funding
$130M
Above
Industry Average
Funded Over
1 Rounds
South Korean gaming company Kakao Games has extended an 8 billion won ($5.8 million) long-term loan to its blockchain-focused subsidiary Meta Bora, according to IBTOMATO. Meta Bora has been in full capital impairment since 2021, meaning its liabilities exceed its assets. The loan appears to be a refinancing effort, shifting Meta Bora's debt from external financial institutions to its parent company. This move may provide more flexible repayment terms and reduce immediate pressure on the struggling subsidiary. The decision signals Kakao Games' continued commitment to Meta Bora despite three years of financial difficulties. However, it raises questions about the subsidiary's long-term viability, as Meta Bora has yet to generate sufficient operational cash flow to repay existing loans. The refinancing reflects broader challenges in the blockchain gaming sector amid market volatility and regulatory uncertainties.
Kakao Games announced plans to restore investor confidence through strategic restructuring and a pipeline of new game releases. The South Korean gaming company secured 300 billion won through capital increase and convertible bonds following its acquisition by an LY Corporation-backed entity. Co-CEOs Kim Tae-hwan and Lee Si-woo outlined plans to launch major titles including The World of Goblin, ArcheAge Chronicle, and Dungeon Arise this year. Additional releases are scheduled for early next year. The company expects profitability to improve in Q1 next year as new game revenues materialise. Management will focus on capital efficiency, reducing financing costs, and restructuring non-core projects whilst restraining organisational expansion. Kakao Games denied merger rumours with Line Games but remains open to business cooperation. The company plans shareholder return measures including share buybacks and treasury share cancellation.
Guardian Maiden Announced for PC and Mobile. Emanuela (28. July 2026 15:34 ) New Action RPG Guardian Maiden Announced for Worldwide Release on PC and Mobile Computer Hardware The next pixel art, fantasy world from Kong Studios Amsterdam, Netherlands - July 28, 2026 | Kakao Games is excited to announce Guardian Maiden, the next game from developer Kong Studios, launching worldwide on PC and mobile. Guardian Maiden follows the story of a Hero and a Saint on a journey to defeat an emerging evil in a fantasy world. This action RPG, inhabited by a diverse set of characters, features vibrant pixel art reminiscent of Kong Studios' previous game. "We're excited to introduce Guardian Maiden to players around the world," said Kwangwon Seok, CEO of Kong Studios. "The game reflects years of experience developing pixel art titles, action combat, and collectible RPGs. Together with Kakao Games, our long-time trusted publishing partner, we're committed to delivering a polished, high-quality experience for players worldwide." Siwoo Lee, Co CEO of Kakao Games, added, "Kong Studios has consistently demonstrated exceptional game development capabilities, backed by a distinctive creative vision. Having built a strong partnership through years of collaboration, we're excited to work together once again and bring Guardian Maiden to players around the world." Discover more games XBOX Game Kakao Games and Kong Studios will reveal more details on Guardian Maiden in the coming months. About Kakao Games Kakao Games (Co CEOs Taehwan Kim and Siwoo Lee) is a game company specializing in both publishing and development across a wide range of genres, from casual to hardcore titles on PC and mobile. Since its KOSDAQ listing in September 2020, Kakao Games has successfully developed and launched popular titles such as Odin: Valhalla Rising, Uma Musume Pretty Derby, Eversoul, Guardian Tales, and PUBG: Battlegrounds, with multiple global releases on the horizon. Kakao Games remains committed to expanding its portfolio and exploring new opportunities in the evolving gaming landscape. About Kong Studios Kong Studios, Inc. is a startup headquartered in Silicon Valley, U.S.A. As evidenced in games such as Dungeon Link and Guardian Tales, the studio believes a game's essence is original gameplay and narrative. Kong Studios has and continues to strive to create the best game approved by gamers across the world.
Kakao Games signs global publishing agreement for Guardian Maiden. Kakao Games has signed a global publishing agreement with Kong Studios for its new collectible action RPG, Guardian Maiden. Under the contract, Kakao Games secured domestic and worldwide publishing rights, excluding the Greater China region, with plans to launch the title on mobile and PC later this year. Tech gadget reviews Pixel-Art action and narrative gameplay. Developed by the studio behind Guardian Tales, Guardian Maiden features detailed pixel art, high-action combat, and an epic fantasy storyline where a hero and saint unite to combat dark forces. The game was previously previewed at ILLUSTAR FES, where attendees saw early footage showcasing its core mechanics and world design. Renewed partnership between Kakao Games and Kong Studios. This deal strengthens the long-standing operational relationship between Kakao Games and Kong Studios. Both companies plan to leverage their combined live-service expertise to deliver a smooth launch across global markets as final development continues.
Kakao Games unveils k-fantasy world in Dokkaebi World teaser. Kakao Games has launched the official teaser page for its upcoming 2.5D mobile MMORPG, Dokkaebi World. Developed by Supercat, the game centers on a distinct "K-fantasy" universe where humans, goblins, and mystical spirits coexist. The newly revealed page highlights a dreamlike setting focused around a massive sacred tree, introducing a rich artistic world heavily inspired by traditional folklore. Computer & Video Games Reinterpreting traditional Korean folk art styles. A key highlight of the teaser is the visual title design, which reinterprets the game's logo using the aesthetic framework of Munjado, a traditional Korean folk painting style that incorporates symbolic illustrations into large characters. The game world features character and monster designs layered with historical Korean clothing components, such as hanbok ribbons and dapo robes. These historical assets are modified with a modern sensibility to build a unique visual look. Folklore-Inspired creature roster and communitarian hubs. Moving away from typical Western fantasy templates, the title populates its world with legendary beasts rooted entirely in local imagination. Players will encounter giant red tigers, mace-wielding dokkaebi, and flaming foxes roaming across landscapes framed by traditional fortress gates and pavilions. The community environments depict villages where residents celebrate festivals, highlighting a distinct communal culture alongside the game's hybrid 2D pixel-art and 3D background layout. Computer & Video Games
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Industries
Consumer Software
Entertainment
Gaming
Company Size
51-200
Company Stage
Growth Equity (Venture Capital)
Total Funding
$130M
Headquarters
Seongnam-si, South Korea
Founded
2015
Find jobs on Simplify and start your career today