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MADNGINE

MADNGINE

Private
South KoreaMedia, Entertainment & Gaminghttps://madngine.com/

Last Round

M&A

Dec 17, 2024

Est. Valuation

$368.04M

Total Funding Raised

$27M

Company Overview

MADNGINE is a South Korean video game development studio that specializes in creating high-end MMORPGs and action RPGs, including the globally successful title Night Crows.

Sector

Media, Entertainment & Gaming

Verticals

Gaming, Web3 Gaming, Blockchain Infrastructure

Business Model

B2C

Customer Profile

Freemium, Marketplace Commission

AI Layer

Non-AI

Keywords

MMORPGcross-platform gamingUnreal Engine 5blockchain gamingplay-to-earnNFT marketplaceaction RPGtokenomicsWeb3 gamingfree-to-playin-game economycrypto gamingmobile RPGgame studio

Historical Pricing

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Caplight Momentum Score

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MADNGINE Comparables

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MADNGINE comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Wemade Co., Ltd.
82%
Nexon Co., Ltd.
82%
Kakao Games
82%

MADNGINE Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
M&ADec 17, 2024
Reverse MergerSep 10, 2024
VC RoundMay 30, 2023
StrategicFeb 26, 2021
StrategicDec 1, 2020

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 24, 2025

    Partnered with WEMADE MAX Co. Ltd. for new RPG 'Project TAL'.

  • Oct 24, 2025

    Project TAL, an open-world RPG, will launch globally in 2027.

MADNGINE Filings

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MADNGINE filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about MADNGINE's valuation, stock price, and market status.

Is MADNGINE a public or private company?

MADNGINE is a private company.

What is the current stock price of MADNGINE?

MADNGINE is a private company with no public stock price. No recent secondary market data is available.

How much is MADNGINE worth (valuation)?

MADNGINE's valuation is estimated at $451.8M based on funding round data.

Can I buy MADNGINE stock?

MADNGINE shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was MADNGINE's last funding round?

MADNGINE's most recent funding round was Reverse Merger on May 30, 2023.

Who are the main investors in MADNGINE?

Investor information for MADNGINE is not publicly disclosed.

Will MADNGINE IPO soon?

No public IPO plans have been announced for MADNGINE.

How can I track MADNGINE secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor MADNGINE's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSouth Korea
Year Founded2020
Last FundingDec 17, 2024

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