#Japan #Tokyo #Series C #MyDearest #VR Games

MyDearest Secures Expansion Funding

MyDearest, an innovative startup specializing in virtual reality (VR) games centered around original intellectual properties (IP), recently announced a successful expansion of its Series C funding round. This initiative raised approximately 170 million yen in additional capital, bringing the total accumulated funding in the Series C round to about 1.7 billion yen. Notably, the funding round was backed by valuable investors such as Chugin Infinity Fund No. 3 and Hankyu Hanshin Innovation Partners.

Purpose of the Funding

MyDearest's funding objectives revolve around two key areas that underline its commitment to growth and innovation.

1. Strengthening IP Development for North American Alpha Generation

A significant part of the new funding will focus on enhancing the company’s reach to North America's Alpha Generation, typically defined as individuals in their early to mid-teens. Based on recent statistics, a substantial portion of MyDearest’s user base, approximately 70%, is comprised of American users. The latest title from bazooka studio has surpassed a remarkable milestone of 1 million active users globally. By leveraging this funding, MyDearest aims to bolster its content pipeline, targeting the North American market with the ambition to launch over ten new titles by the end of 2025.

2. Expanding VR/MR Solutions and Content Creation for Businesses

Beyond entertainment, MyDearest is also dedicated to providing VR (Virtual Reality) and MR (Mixed Reality) solutions and content production for businesses and local governments. Their dedicated division, “VR Asobi,” aims to expand through the creation and deployment of VR content and the construction of VRChat worlds. To facilitate this growth, the company plans to hire new talent, particularly in roles related to engineering and art direction, thereby reinforcing its development framework.

Recruitment Focus

In alignment with its expansion plans, MyDearest will intensify its recruitment efforts. The company welcomes applications from creative individuals eager to showcase their talent to the world, as well as those interested in producing XR content for businesses.

Current job openings include:

• - Lead Engineer
• - Client Engineer
• - Graphics Engineer
• - Art Director
• - Internal Audit Manager Candidate
• - Finance/Business Planning Manager
• - Accounting Manager Candidate
• - Information Systems Manager Candidate

For detailed information regarding recruitment, visit the following link: MyDearest Career Page.

About MyDearest

Founded in April 2016 and based in Nihonbashi, Tokyo, MyDearest operates with the mission, "Creating and delivering story experiences that change lives." The company focuses on developing and publishing original IPs in the VR gaming space. Its notable titles include 'Tokyo Chronos', 'ALTDEUS: Beyond Chronos', 'Exit No. 8 VR', and 'Brazen Blaze', which has earned the top user rating globally in the Quest Store and garnered numerous awards both domestically and internationally. In November of last year, they established the 'VR Asobi' division to provide comprehensive VR/XR content creation and solutions for businesses and continue to expand their development capabilities.

Company Information

• - Name: MyDearest Inc.
• - Location: 2-7-15 Nihonbashi Bakurocho, Chuo City, Tokyo, Japan
• - Established: April 2016
• - CEO: Kento Kishikami
• - Website: MyDearest Official Site

MyDearest's continual commitment to developing compelling VR content positions it as a pivotal player in the rapidly evolving gaming landscape, ensuring it remains at the forefront of the industry.