Korean K-POP entertainment startup DayOneDream has secured a follow-on investment from venture capital firm CRIT Ventures, channeled through the IBK-CRIT Content Investment Fund. The round follows an initial seed investment the company received in December 2022.

Founded in 2022, DayOneDream operates across the full spectrum of K-content — from artist management and music production to concert planning, merchandise, and IP commerce. The company runs six subsidiaries under three core business pillars — label operations, IP ancillary businesses, and entertech — encompassing B2B Company, VOID, Set the Stage, B Factory, DPA, and Mindmap Music.

What sets DayOneDream apart is its IP monetization structure: rather than concentrating revenue in music releases alone, the company distributes and scales earnings from a single IP across its subsidiary network. By internalizing concert production, merchandise, and content businesses, the company has significantly shortened the IP revenue cycle compared to the traditional model, where recouping advances from music and album sales alone can take years.

DayOneDream has also built a capital-raising framework by integrating Security Token Offering (STO)-based entertech into its IP business model. The company formed the world’s first K-POP STO consortium alongside Singapore’s SBI Digital Markets and Kyobo Life Insurance, selling out its inaugural Fund 0 and establishing STO as a large-scale project financing tool — cementing its financial capabilities at the intersection of entertainment and technology.

With the new funding, DayOneDream plans to expand its artist IP portfolio and accelerate Korea-Japan management collaboration and IP ancillary business development through DOD Japan, its Japanese subsidiary established in March.

“Through this investment, we will establish ourselves as a platform where artists can stably grow their music business, and build a global expansion system for K-POP that encompasses not only our own artists but also external artists,” said Minhyung Lee, CEO of DayOneDream.