Brave group Inc. Announced on August 22, 2023 (PST) that it has Raised 1.99 Billion Yen in Funding and that it will Increase the Number of Affiliated VTuber Talents to 100 (1.5 Times) within 2023.
Simplex Capital Investment will be the lead investor, with Tokyo University of Science Innovation Capital, Money Forward Venture Partners (HIRAC FUND No. 2 Investment Limited Liability Partnership), Revamp, and Adways Ventures as underwriters.
Adways Ventures is a subsidiary of Adways, the parent company of 774inc. which operates the VTuber agency Nanashiinku (774inc.).
Brave group, through subsidiaries, operates VTuber groups such as VSPO! , RIOT MUSIC, Palette Project, V4Mirai, globie, and others through subsidiaries. With this latest round of funding, the company’s cumulative fundraising will reach 5.03 billion yen.