66

27

News

FIFTY FIFTY's label reportedly seeking investment from Silicon Valley

AKP STAFF
Posted by Germaine-Jay Saturday, June 3, 2023

FIFTY FIFTY's label is reportedly seeking investment from Silicon Valley.

With the explosion of FIFTY FIFTY's song "Cupid", the girl group's label Attrakt has been making more connections overseas. Following their partnership with Warner USA and their appearance on the 'Barbie' movie soundtrack, FIFTY FIFTY are reportedly seeking investments from Silicon Valley.

Attrakt is in fundraising talks with a venture capital firm in Silicon Valley as well as investors in South Korea, and they've already raised 2 billion won ($1.5 million USD) from Yes24 Co. and Hansae Co. as well as 900 million won ($689144.49 USD) from Korea Technology Finance. The funds will be used to ramp up global marketing and album production for FIFTY FIFTY.

Stay tuned for updates.  

  1. FIFTY FIFTY
49 30,834 Share 71% Upvoted
 
TheSquid
TheSquid19,658 pts Saturday, June 3, 2023 2
Saturday, June 3, 2023
DON'T DO IT!!
.
Those guys make SM look like fluffy bunnies, they will walk in and totally pwn your souls.

14 (+16 / -2)
Share

2 more replies

 
themightymoron
themightymoron3,250 pts Saturday, June 3, 2023 5
Saturday, June 3, 2023

after SVB has gone kaput?? the silicon valley have been undergoing tumultuous financial quake for some time now and they're looking for investments from those guys?

7 (+10 / -3)
Share

5 more replies

SHOW ALL COMMENTS

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
Yoon Jong Shin
NewJeans, Minji
fromis_9
2NE1, Park Bom
Jang Na Ra
Jeon So Min, misc.
Hyun Bin
Park Shin Hye
Yoon Jong Shin
NewJeans, Minji
NewJeans, Minji
Yoon Jong Shin
fromis_9
Song Min Ho (Mino)
Park Shin Hye
New Message

SEND