D.O.D secures 12.1 billion KRW Pre-A investment... Leap to the global stage
Hashed Ventures, CJ Investment, iM Investment Partners, Union Investment Partners, FuturePlay Investment
DOD announced on the 6th that it has secured a total of 12.1 billion KRW in Pre-A series funding from leading domestic venture capital firms. This round was led by Hashed Ventures, with participation from CJ Investment, iM Investment Partners, Union Investment Partners, and FuturePlay.
DOD is a data-driven music enterprise platform creating new value in the global K-pop market. While strengthening artist intellectual property (IP) such as BTOB, Genie, and Nancy, it is also actively developing commerce businesses in collaboration with external global K-pop IPs.
DOD has established the 'DOD Ecosystem' encompassing various businesses, laying the foundation for a global enterprise. It plans to expand its K-pop IP business into Southeast Asia and Japan. The investment will be used to discover new artists and expand global operations, solidifying its position in the global music industry.
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Yeongjae Jeon, CFO of DOD, stated, “We will grow into a global music company with multiple labels, not just staying within the domestic market,” adding, “This investment will be a stepping stone for DOD to leap onto the global stage.”
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