Fortnite creator acquires Korean VR startup
Oct 29, 2020 (Gmt+09:00)
Deutsche Bank's Korea IB head quits after country head resigns
Macquarie Korea Asset Management confirms two nominees
Hanwha buys S’pore Dyna-Mac’s stake for $73.8 mn from Keppel
Korea's Taeyoung to sell local hotel to speed up debt workout
Meritz leaves door open for an M&A, to stay shareholder friendly
Hyprsense is a Korean startup and is based in Silicon Valley, the hub for global startups, founded by Chief Executive Officer Yu Jihun in 2015. The company utilizes virtual reality and augmented reality technology to create facial motion capture software.
The company's core product is Hyprface, a real-time facial motion capture program that allows users to animate 3D characters in real time using their facial expressions.
Based on the agreement, the key members of Hyprsense including CEO Yu are expected to remain at Epic Games for some time. Details of the deal have yet to be disclosed.
Key investors of Hyprsense include Kakao Ventures, Atinum Partners, KT Investment and Pearl Abyss Capital. Among the investors, Kakao Ventures has participated in all the rounds of funding, from the seed funding in 2015 up to Series A in 2018.
jung@hankyung.com
Danbee Lee edited this article.
-
Mergers & AcquisitionsKorean landfill companies put on market after Affirma deal
May 17, 2024 (Gmt+09:00)
-
Private equityAffinity extends tender offer for food container maker Lock&Lock
May 16, 2024 (Gmt+09:00)
-
Shipping & ShipbuildingHanwha buys S’pore Dyna-Mac’s stake for $73.8 mn from Keppel
May 13, 2024 (Gmt+09:00)