Apr 20, 2023

Japanese VR/AR Game Studio CharacterBank Receives Approximately 100 Million Yen in Funding CharacterBank Inc., (Kyoto, Japan; Representative Director: Shuto Mikami) a company involved in the planning, development, and operation of XR games including VR/AR, has raised funds from Monex Ventures, THE SEED, and individual investors. The company will use the procured funds of approximately 100 million yen to expand its development structure and promote the development of XR games. Purpose of Funding and Future Development CharacterBank is currently working on a multiplayer VR game and plans to release it on a major platform by the end of 2020. In addition, the company has already established a development system capable of releasing one title per year. With this funding, the company will work to expand its system for multiple lines of game development and XR game development. CharacterBank aims to become a game development company that produces hit content for XR games in various genres such as “multiplayer” and “action”. About CharacterBank Inc. We are a company that constantly creates new experiences with the mission of “Hack the next experience.