Korean-based “Entertech” company Makestar has secured ₩30 billion in Series D funding. This latest round attracted new investors including U.S.-based HRZ and RPS Ventures, as well as Company K Partners. Existing investors such as Altos Ventures, Korea Development Bank (KDB), and NextG Investment also participated. With this round, Makestar’s total funding now stands at ₩55.6 billion.

Founded in 2015, Makestar celebrates its 10th anniversary this year. The company has evolved into a leading global K-pop platform, with users from over 230 countries and revenue generated in 180 countries. Makestar has consistently recorded annual revenue growth of over 100%, with last year’s sales reaching ₩95.6 billion. Notably, over 70% of the company’s revenue comes from international markets, solidifying its reputation as a key player in Korea’s K-pop business scene.

Makestar CEO, Jae-Myeon Kim, commented, “Over the past decade, we’ve worked to overcome physical barriers and bring fans and artists closer together while creating a new culture for enjoying K-pop. Despite the challenging venture capital market, we’re thrilled to have exceeded our funding target, which reflects confidence in Makestar’s achievements and vision.”

Kim also emphasized the company’s focus on further enhancing global capabilities, saying, “We will continue investing in service development to ensure fans worldwide can enjoy a seamless experience. Our goal is to lead innovation in K-culture business as a top Entertech company.”

In addition to its core K-pop business, Makestar is expanding into broader genres like drama, film, and animation. The company is also diversifying into platform albums and content production, while investing in AI and ICT technologies to drive the future of K-culture business.