IZ Entertainment raises 20 billion won from Kakao Games and Krafton
Kakao Games and Krafton each put in 10 billion won in the Series A round, bringing IZ Entertainment's cumulative funding to 36 billion won.
IZ Entertainment said on October 29, 2026 that it has raised 20 billion won in a Series A funding round, with Kakao Games and Krafton each contributing 10 billion won, according to game.donga.com.
The round brings IZ Entertainment's cumulative investment to 36 billion won.
The company is developing a chatbot game messenger platform in which people and AI build a social graph together. It currently has 10 types of game bots in preparation.
IZ Entertainment has said it aims to grow into an open game-bot platform comparable to Roblox.
Quick answers
How much did IZ Entertainment raise?
IZ Entertainment raised 20 billion won in a Series A round, 10 billion won each from Kakao Games and Krafton.
What is IZ Entertainment building?
A chatbot game messenger platform where people and AI form a social graph together, with 10 types of game bots currently in preparation.