Gumi invests in VR games startup Playsnak ahead of its first release

Gaming startup Playsnak closed its seed funding from Gumi Inc. just in time, as it plans on announcing its first VR game soon.

Gumi’s $1.2 million investment combined with last year’s $1.3 million from K Cube Ventures closes out Playsnak’s seed round at $2.5 million. At the moment, Playsnak publishes mobile games and develops VR games for PC, though according to CEO Paha Schulz, they will consider mobile VR in the future. If it decides to go in that direction, its experience with mobile places it in a good position to capitalize on the popularity of mobile VR versus its high-end PC cousins. According to market researcher SuperData, Samsung’s Gear VR outsold PlayStation VR headsets by nearly double in the first quarter of 2017.