IzanagiGames issues new shares to Bilibili through third-party allotment

798.6 million yen raised to date.

IzanagiGames has raised 429.8 million yen in funding via third-party allotment involving Bilibili subsidiary Hode HK, the COLOPL NEXT No. 4 Fund Investment Partnership, and Akatsuki, bringing its total amount of procured funding to date to 798.6 million yen, the company announced.

By entering into a business partnership with Bilibili, IzanagiGames intends to further bolster its worldwide publishing efforts, more broadly focusing on Mainland China and Asia, while continuing to expand its development of new, original intellectual property.

The major shareholders of IzanagiGames after this third-party allotment of shares are Shinsuke Umeda, COLOPL NEXT No.4 Fund Investment Partnership, Makers Fund, NetEase, Bilibili, and Akatsuki Inc.