JDragon Games

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JDragon Games - overview

Established

2026

Location

Seongnam, Gyeonggi, South Korea

Primary Industry

Software

About

Based in Gyeonggi, South Korea, JDragon Games was founded in 2026 by Lee Jun-seok, former CTO of Lionheart Studio and a key technology leader behind Odin: Valhalla Rising. The company was established with a team of experienced MMORPG developers who had participated in the development and operation of major Korean game titles including Lost Ark and Night Crows. In October 2026, the company secured its first disclosed external funding through a seed investment from Crit Ventures and Mainstreet Ventures. The company focuses on the development of high-quality MMORPG games for PC and mobile platforms.


Its flagship title, Project D, is a cross-platform MMORPG set in a medieval fantasy world. The game incorporates moving-action combat, rune-based character customization, monster taming mechanics, large-scale PvP battles, guild warfare, and siege content designed to appeal to core MMORPG players. The company's revenue is expected to be generated from the development, publishing, and live operation of MMORPG games, including game sales, in-game purchases, premium content, and other monetization activities associated with online gaming services. The company is currently in the development stage and has not publicly disclosed revenue figures.


The company will use funding for expanding its game development workforce, accelerating Project D development, improving product quality, and preparing for market expansion across Asia-Pacific following its planned launch in Korea and Taiwan.


Current Investors

Crit Ventures, Main Street Ventures

Primary Industry

Software

Sub Industries

Gaming, Software

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

JDragon Games - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified RoundCompletedJDragon Games-

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