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Investment  21, May 2014

Japanese app developer Akatsuki secures US$14M; to enter Taiwan

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Investors are Globis Capital Partners, and Link and Motivation. How will Akatsuki’s Taiwanese subsidiary do?

The Akatsuki  team: (L-R) Hisashi Katsuya, Genki Shiota (CEO), Tetsuro Koda (COO), Fumiaki Koizumi

Japan-based mobile app development studio Akatsuki has today announced raising US$14 million from Globis Capital Partners, and Link and Motivation, according to The Bridge.

International expansion is definitely on the table, as the company moves into foreign markets. The four-year-old startup with multiple smartphone game titles under its belt will be using the funds to establish a subsidiary in neighbouring market, Taiwan. The subsidiary, Akatsuki Taiwan, will be launched this June.

TechCrunch Japan also reported that the team is made up of 70 staff members, and will be looking to expand to 130 people by mid-2015.

Elaine Huang

Elaine Huang

Elaine is a fervent believer that if there ever is a zombie apocalypse, we will all be snapping away at them with our phones and posting them onto Instagram. A Mass Communication graduate of Ngee Ann Polytechnic's School of Film and Media Studies, she enjoys writing about technology and entrepreneurs. When not hashtagging her way through all sorts of trouble, Elaine is probably contemplating how to write in the third person.

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