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23rd Century Kids, Virtual Artist Production Company, Secures 1.2 Billion Won in Investment
- Writing language: Korean
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- Entertainment
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Summarized by durumis AI
- 23rd Century Kids secured 1.2 billion won in seed funding from Kakao Ventures and others.
- It is a virtual artist production company that utilizes real-time motion capture and toon shading techniques, aiming for natural communication with fans.
- Aiming for a boy group debut in the first half of next year, they are recruiting game engine and VFX specialists and planning to lead the virtual idol market.
23rd Century Kids, a virtual entertainment startup, has secured 1.2 billion won (approximately $900,000 USD) in seed funding from Kakao Ventures, FuturePlay, and FastVentures.
23rd Century Kids creates virtual artists who operate in the digital world, particularly aiming for natural communication with fans by utilizing real-time motion capture and toon shading techniques.
With this investment, they plan to debut a boy group in the first half of next year, recruiting game engine and VFX specialists to enhance the quality of their work.
Ahn Hye-won, an investment manager at Kakao Ventures, praised 23rd Century Kids' ability to build a strong fanbase and stated, “23rd Century Kids, with their fast and flexible IP development capabilities, will lead the virtual idol market.”
CEO Kim Hyung-min expressed his ambition to grow into an entertainment company that presents new appeal and fun.
Source - 23rd Century Kids
