Digital Entertainment Asset Secures $22 Million In Series A Funding to Tackle Social Issues Through Gaming

Digital Entertainment Asset Secures Funding

Digital Entertainment Asset Pte. Ltd. (DEA), a Singapore-based innovative platform focused on turning social contributions into exciting gaming experiences, has successfully completed a $22 million Series A funding round. This funding, participated in by prominent companies such as Japan Investment Advisor, ASICS Ventures, the SBI Group, and more, brings DEA's total Series A funding to approximately $38 million (around 54 billion yen).

DEA was founded with a vision to tackle social issues through the power of gaming. The strategic partnerships established with each investor allow DEA to deepen relationships across various industries. By securing backing from leading companies, DEA is poised to accelerate the creation of a new market that intertwines gaming with social issue resolutions.

The funds raised will be instrumental in aligning DEA more closely with Japanese enterprises and position it to become the first gaming company issuing cryptocurrencies (specifically DEAPcoin) to achieve a listing on the Tokyo Stock Exchange Growth Market by 2028. DEA is committed to establishing a balance between social and economic value through innovative solutions.

Naoto Yoshida, Founder & CEO of DEA, expressed his gratitude: “We are honored to receive tremendous support from representatives of various industries, enabling us to further accelerate our social issue resolution gaming business. Guided by our philosophy of harmonizing enjoyment and societal contributions, we aim to create a more inclusive society where everyone can thrive through the power of gaming.”

Company Overview

Digital Entertainment Asset Pte.Ltd. Website
Founded in August 2018, DEA is a global web3 entertainment firm based in Singapore. It specializes in developing Play-to-Earn games and operates several platforms, including the problem-solving gaming platform ‘PlayMining,’ the NFT marketplace ‘PlayMining NFT,’ its own cryptocurrency ‘DEAPcoin,’ and the photo-taking game ‘PicTrée,’ all aimed at addressing societal challenges.

Co-founders Naoto Yoshida and Kozo Yamada drive the company forward, leveraging decades of collective experience in forming startups with IPOs, creating hit games, and producing web television shows, alongside a profound understanding of NFT gaming.

Leadership: Naoto Yoshida, Kozo Yamada
Location: 20 ANSON ROAD #11-01 TWENTY ANSON SINGAPORE 079912
Founded: August 2018
Business Focus: Problem-solving gaming platform