Tokyo-based TransLimit, the startup that develops social quiz app BrainWars, announced on Thursday that it has fundraised 300 million yen (approximately $2.8 million) form Line Ventures, United, East Ventures, Skyland Ventures, and Genuine Startups. Line Ventures is a subsidiary of messaging company Line, focused on managing a $10 million investment fund called ‘Line Game Global Gateway.’ After start-up in August, the fund has already invested in Japanese gaming company Gumi as its first portfolio company.
- Japanese startup Translimit raises $100,000 to launch social quiz app
- Japanese startup launches social quiz app ‘BrainWars’
- Japanese quiz app BrainWars ranks in the app store top charts
As for BrainWars, during the five months following its launch on May 14, over 3 million downloads of the app from across the world have taken place.
Coinciding with this announcement, TransLimit secured a partnership with Line and will “line up” a new game title using the Line user base. The gaming company also unveiled a planned development of a smartphone media business with United, another investor in this round.