March 16, 2023 6:00 PM
Bandai Namco has an investment fund.
Image Credit: Bandai Namco
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Bandai Namco Entertainment has made two new investments in gaming technology startups from a new investment fund.
The Tokyo-based company said its Bandai Namco Entertainment 021 Fund, a fund to invest inentertainment startups and build its intellectual property metaverse, has invested in DeepMotion based in the United States and SuperGaming based in India.
Under the Bandai Namco Group’s purpose of “fun for all into the future” and its vision to “connect with fans,” the company is connecting with fans to leverage IPs and foster deep, broad, multifaceted relationships with partners, employees, societies, and IP fans around the world.
Karim Farghaly, senior vice president of corporate development at Bandai Namco Entertainment America, said in an interview with GamesBeat that the fund actually started on April 1, 2022, with the aim of investing in early-stage to middle-stage startups across industries related to gaming and toys.
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