PUBG creator Krafton invests in game streaming platform Loco
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Homegrown game streaming platform, Loco, announced its seed funding round of $9 Mn. The round was led by South Korean gaming firm, Krafton, as well as Lumikai, India’s first gaming and interactive media fund. The round also saw participation by Hashed, Hiro Capital, North Base Media, Axilor Ventures, and 3one4 Capital. The company will use the new investment for its innovation efforts across game streaming technology and gaming content.