Brave Group Raises Another $10M to Accelerate Metaverse Business, Finalizing Series C Total at $18M


– Investors are Japanese companies such as Dawn Capital and Osaka Gas, foreign investment funds and individual investors –

TOKYO, June 23, 2022 /PRNewswire/ — Brave group Inc., a virtual IP company based in Japan, raised $10 million in new capital in anticipation of business expansion and global development in the Metaverse and Web3 areas from Japanese companies such as Dawn Capital and Osaka Gas Co., Ltd., investment funds foreign investment and individual investors. This brings the total capital raised to $18 million.

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With this new capital, the Brave Group intends to strengthen its existing business operations and global expansion, expand its customer solution services in the area of ​​metaverse marketing, develop additional “Brave Engine” products and other new activities, and to strengthen its management structure.

Brave Group’s recent business initiatives aimed at strengthening alliances for global development include a collaboration with “MyAnimeList”, which operates one of the largest anime communities in the world, and a business alliance with “Billboard Indonesia”, the Indonesian version of “Billboard”, formed in May 2022. In addition, in the field of metaverse marketing launched last year, the Brave Group has developed a series of solution services for corporate clients and steadily built a track record.

Video presentation : https://youtu.be/e8zvzLuzYUM

For this fundraiser, Kazuhiro IshikuraDawn Capital’s general partner, Akatsuki Ventures Inc., said, “As the boundary between real life and virtual life disappears, the form of entertainment will also change and new IP content KOLs are expected to emerge. As the metaverse market grows globally, we believe content from the Brave Group will be at the center of the enthusiastic virtual communities that will emerge. We hope that the strength of anime and manga culture that Japan has cultivated over the years will be brought into the world virtually.”

Yuichi SakamotoSenior General Manager of Innovation Department of Osaka Gas Co., Ltd., said, “Thank you for giving me the opportunity to be part of the great challenge of the Brave Group. As the spread of COVID-19 redefines the way we live our lives, we focus on the metaverse as a next-generation communication alternative to the real world. We look forward to working with the Brave Group to create lifestyles and businesses that meet the new normal by supporting the evolution of our customers’ lifestyles and business styles and developing services and solutions that are best suited to each customer.”

Shunji AshikagaManaging Director of Saison Ventures Inc., said, “Thank you very much for giving us the opportunity to join the Brave group, which is heavily involved in the virtual intellectual property space and the metaverse market. I am very happy to working with you because of Noguchi-san’s strong sales skills for the business and enthusiasm.I believe his business will have a great impact not only in Asia but also worldwide in the future. We look forward to working with you in the card business so that we can assist you in your endeavors. Let’s create a fun world together.”

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For this fundraiser, Keito NoguchiCEO of the Brave Group, said: “Through this fundraising, we will work to maximize the impact of the intellectual property of the Brave Group, not only in Japan but also in the world. We have many more new initiatives on the way, so look forward to the brand new Brave band reborn.”

About the Brave Group
Founded in October 2017, the Brave Group develops and exploits virtual intellectual property such as RIOT MUSIC and other virtual artists, and also provides solutions on metaverse marketing. Brave Group content has been viewed by users in over 150 countries, with a total of over 1 million subscribers on social media sites and a total of over 100 million views on YouTube. To date, the Brave Group has raised $18 million in financing investors, including (but not limited to) Dawn Capital and Osaka Gas Co., Ltd., and other companies. (All figures are as of June 2022.)

Official site: https://bravegroup.co.jp/en/

SOURCE Bravegroup Inc.

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