AR Technologies Inc. Meleap Receives 300 Million Yen Financing to Accelerate Expansion of Overseas Business

VR Network learned that the Japanese AR software company Meleap announced that it has completed a Series A financing of 300 million yen (about US$3 million), led by Incubate camp, DBJ Capital and SMBC Venture Capital. It is reported that the purpose of this financing is to establish a branch company in the United States and Malaysia to accelerate overseas business expansion.

Meleap was founded in January 2014 and is an AR technology company dedicated to creating interesting products. The company hopes that users will be able to free their depressed self in their products and regain their childhood happiness. Meleap is good at integrating sports, athletics, and AR technology. At present, a number of works have been developed. "Hado" is a 3V3 live-action game developed by the company in 2014. Players will be divided into two teams, wearing AR headshots and special arm wrists to perform energy attacks on enemies. At present, this book has been operated in 25 stores in 9 countries around the world. The number of players exceeds 600,000. And in December of this year, the HADO World Cup will be held.

After this investment was put in place, mepelap plans to establish branch offices in the United States and Malaysia, strengthening store establishment and customer service systems. In terms of software development, meleap will continue to develop AR competitive games other than "HADO", increase the intensity of software development, and release new products next year.

Posted on