Spoon Labs closed $89.3M funding round

Spoon Labs, a global short-form drama platform company, secured a KRW 120 billion (approximately USD 89.6 million) equity investment from Krafton Inc. This marks Krafton's largest investment in a non-gaming area.

Spoon Labs operates the global audio platform Spoon and recently launched "Vigloo," a platform dedicated to short-form drama content, with episodes typically under two minutes. The company plans to expand its services, currently available in seven languages, into the U.S. and Japanese markets, aiming to establish new international standards in the short-form drama sector.