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South Korea’s Gamevil invests in Relax Games startup

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

South Korean mobile game publisher Gamevil has made an equity investment in Relax Games, a new game startup headed by industry veterans.

The deal is part of Gamevil’s startup support program, dubbed Companion, and it’s part of the Korean company’s plan to make aggressive investments into companies, projects, and talent acquisitions as it expands on the global gaming stage. Gamevil is one of the many mobile companies that have done well in one region and are now trying to expand around the world. The free-to-play company generated $70 million in revenue last year and $24 million in profit.

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Written by

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.