Akatsuki Inc. launches $50 million investment fund for co-creating the Next Big Thing in Entertainment
Los Angeles, CA (October 10, 2017) – Leading Japanese entertainment company Akatsuki Inc. has launched the Akatsuki Entertainment Technology Fund (AET Fund), a new investment fund focused on entertainment technologies, specializing in Augmented Reality (AR). Akatsuki, an ambitious company established in 2010, is breaking into the world of AR by investing up to $50 million into a fund to encourage startups to create new content and services. Akatsuki Inc., already a leader in the global gaming industry has committed to invest in the best cutting-edge entertainment technology and content. With the increasing growth in the AR, Virtual Reality (VR), and Mixed Reality (MR) markets, Akatsuki is dedicated to providing the resources that will empower creative, innovative content and services to deliver brand new experiences that bridge the digital and real-world. Initially the fund will focus on AR which is rapidly gaining interest with its massive potential in the Entertainment industry. “Co-creating the Next Big Thing in Entertainment’ is the vision of our fund,” said Tomoya Ogawa, CFO of Akatsuki Inc., and Managing Director of the AET Fund. “We believe we can push the boundaries of entertainment experiences with AR technology, and we will co-create new innovations with startups who we will support through our fund to nurture them to become future leaders in Entertainment.”
Through the AET Fund, Akatsuki is committing to its promise of innovating in various entertainment industries, by providing early stage and Series A startups from all over the World to expand upon AR, as well as VR/MR technologies currently in the markets of gaming, animation, film, music, sports, e-sports, live entertainment, and location based entertainment. In addition to funding, Akatsuki is also collaborating and consulting to help foster businesses within the Japanese ecosystem.
Akatsuki Inc. recently launched a far-reaching Hollywood based entertainment production company, Akatsuki Entertainment USA, to develop, finance and produce feature films and content across all platforms for the global marketplace. Akatsuki will also seek opportunities to synergize entertainment technologies with content and services delivered from Hollywood.
AET Fund has already completed several investment deals to date. After the official launch of the fund today, AET will accelerate further transactions, and will commit to investments for innovation in the entertainment technology space.
About: Akatsuki, Inc.
Akatsuki Inc. (https://en.aktsk.jp/) headquartered in Tokyo with offices in Taiwan and Los Angeles, is the highly regarded entertainment company based in Japan. Incorporated in 2010, Akatsuki has achieved remarkable growth and went public in 2016 on the Tokyo Stock Exchange. With a mission of driving innovation within the entertainment industry, Akatsuki is responsible for successful games played all over the world. Akatsuki’s core business focuses on the production of games for mobile phones and tablets. Akatsuki has expanded its service offerings to include the live experience business by providing an easy search and reservation platform for experience based entertainment such as outdoor tours or special events in Japan.
The company is best known for co-developing and distributing one of 2017’s most successful mobile games “Dragon Ball Z Dokkan Battle,” published by BANDAI NAMCO Entertainment.
For more information, visit AET Fund: https://aet.fund