NAVER D2SF Invests in 23i, a Virtual Entertainment Startup

Impact · against what's priced in

NAVER's investment in virtual entertainment startup 23i is a minor strategic move that reinforces its existing focus on the virtual content ecosystem. While technologically interesting, the financial impact of a CVC investment is negligible relative to the company's overall valuation.

035420.KS+0.10

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In context

NAVER D2SF's investment in 23i expands the company's capabilities in virtual UX and motion capture, potentially creating synergies with its Motion Stage team.

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• 035420.KS
• content production
• ip
• motion capture
• south korea
• startups
• venture capital
• virtual entertainment
• virtual idols

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