WAKA adds TOKI equity and bank loans to expand Roblox operations
The additional package follows June funding and brings cumulative financing to ¥500m; the latest amount is undisclosed.
WAKA received additional equity investment from TOKI and loans from Mizuho Bank and Hokkoku Bank. The package follows funding announced in June and brings cumulative financing to ¥500 million; that total is not the amount of the latest package.
The company plans to strengthen global game development and operations, acquire more games and grow existing titles.
WAKA has announced official Roblox games for Gintama and Black Clover and acquired a game with around two million daily active users. The financing supports a portfolio combining licensed publishing with acquired and original games.
Use of funds
Strengthen global game development and operations
Acquire additional games
Support growth of existing titles