Odaily Planet Daily reported that South Korea’s “virtual K-pop” metaverse company Afun Interactive announced the completion of 7 billion won (approximately US$5.3 million) Series A bridge financing. Shinhan Asset Management participated in the investment. The company had participated in the previous Series A financing. 10 billion won (approximately US$7.6 million) was raised, and investors at the time included CJ Investment, Company K Partners and CJ ENM. Afun Interactive aims to become South Korea's leading metaverse company. Its CEO Dokyun Kwon is passionate about the virtual entertainment and metaverse markets. He hopes to use 3D content production technology to build a "virtual K-pop" with character IP. Currently, it has launched Virtual stars like “Apoki” and “Lesha.” (Techtimes)
