HYBE IM is making games like Dungeon Stalkers.

HYBE IM raises $21M to boost publishing and IP-based games

Not long after raising $80 million, South Korea’s HYBE IM has raised $21 million to boost its growth in game publishing and intellectual-property-based games.

Previous investor IMM Investment contributed KRW 15 billion (approximately $10 million) in follow-on funding, while Shinhan Venture Investment and Daesung Private Equity joined as new investors.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.