Hybe IM has raised $80 million.

South Korea’s Hybe IM raises $80M for games

Hybe IM, the interactive media and games arm of Hybe, has raised $80 million in funding to make games.

Led by President Wooyong Chung, the company is based in South Korea. The investment round was led by Makers Fund, a leading global investor in the interactive entertainment sector. The round also saw participation from IMM Investment and Hybe IM’s parent company, Hybe.

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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.