News

Press Release

2017.07.31

WonderPlanet secures JPY 1 billion funding from Eight Roads

Tokyo, 31 July 2017: WonderPlanet Inc. (headquartered in Nagoya, Founder and CEO Tomoki Tsunekawa), which plans, develops, operates and markets full native applications and games for smart devices, has announced an investment of JPY 1 billion by Eight Roads Ventures Japan. Masatoshi Fukasawa from Eight Roads will join the WonderPlanet board.

WonderPlanet was established in Japan in September 2012, to target the global market in its mission to create “Smiley Time”. Crash Fever, its game for iOS or Android smartphones, has since become a global success with 8 million downloads worldwide. The game is Top 10 ranked in Apple app store sales in Japan, and is No.1 in Taiwan and Hong Kong. Its multi-lingual edition has grown particularly strongly in North America, Korea and the company is currently preparing to distribute Crash Fever in China.

With this new funding, WonderPlanet aims to accelerate its business expansion into global markets, by strengthening operations and expanding distribution areas for Crash Fever. It also plans to enhance its development system for new titles, which include a number of large-scale copyright games currently under construction.

David Milstein, Eight Roads Ventures Head of Japan said: “We are delighted to be able to support WonderPlanet as it continues to develop and launch high-quality, fun-to-use game content for Japan and overseas. Eight Roads has strong expertise in the content and media space and is excited to partner with WonderPlanet and its talented leadership team.”

Brief personal history of Masatoshi Fukasawa from Eight Roads Ventures Japan
He was born in Yamanashi Prefecture in 1979. He gained a BS degree in Physical Electronics from Tokyo Institute of Technology and a PLD from Harvard Business School. He joined Accenture in 2002 as a management consultant in the telecom, high-tech, media and internet industries, engaging in more than 50 projects covering business strategy, new business start-ups, SCM reform, R&D strategy, and so on. After joining DeNA, he worked at CEO office, head of marketing and ngmoco Director, managing and marketing mobile games in the US and overseas and contributing to the launch of a smartphone game that became a No.1 bestseller in North America. He became CEO of DeNA Life Science in 2014 and started up their new business (healthcare business). Later, in DeNA’s Strategic Investment Office, he focused on venture investing in Japan and overseas. He joined Eight Roads Ventures Japan in 2016 where he is currently engaged as Principal in venture investing and development. In July 2017 he took up the concurrent post of Director (Outside) at WonderPlanet.

About Eight Roads Ventures Japan
Eight Roads Ventures is a global venture capital firm that backs entrepreneurs with aspiration for greatness. Together with associated funds we manage $3.6bn of capital across offices in Japan, India, China, the UK, and the US. A near 50-year history of investing includes partnerships with companies such as Alibaba, CloudByte, Cloudian, GoodData, InnoGames, iPipeline, Kensho, MADE.com, Manthan Systems, Metaps, Nuance, Ping Identity, Prosper, Retty and Xoom. https://eightroads.com/en/ventures/japan

About WonderPlanet
Name: WonderPlanet Inc.
Address: 11F Sakaemachi Bldg, 3-23-31 Nishiki, Naka-ku, Nagoya
Founded: September 3, 2012
Founder and CEO: Tomoki Tsunekawa
Business: Planning, developing, operating and marketing full native applications and games for smart devices
Website: http://wonderpla.net/

Management team profile
http://wonderpla.net/en/company/management/

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