Fundz

Krafton acquires Eleventh Hour Games for $96M

Jul 25, 2025

Acquiring Company

Krafton

Acquired Company

Eleventh Hour Games

GangnamWilmingtonVideoGamingVideo GamesVideo Games

Description

Krafton has acquired Eleventh Hour Games, the developers of 'Last Epoch', for $96 million. This acquisition aims to strengthen Krafton's position in the action RPG genre and support EHG's growth. Eleventh Hour Games will maintain leadership autonomy while enhancing its franchise development. This move is positioned to expand Krafton's genre portfolio.

Quick answer

Krafton is acquiring Eleventh Hour Games for $96 million, announced July 25, 2025. Krafton is based in Gangnam, Seoul, South Korea.

How much did Krafton pay for Eleventh Hour Games?
The reported deal value is $96 million.
What does Krafton do?
Krafton Inc. is a South Korea-based video game publisher known for its original battle royale game PlayerUnknown’s Battlegrounds.
Where are Krafton and Eleventh Hour Games based?
Krafton is based in Gangnam, Seoul, South Korea. Eleventh Hour Games is based in Wilmington, Delaware, United States.
Who are the decision-makers at Krafton?
Fundz holds 3 contacts at Krafton. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Video and Gaming

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at Krafton, and when

When Krafton changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

  • An alert the day Krafton raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Krafton, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Krafton. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Krafton

Location

Gangnam, Seoul, South Korea

About

Krafton Inc. is a South Korea-based video game publisher known for its original battle royale game PlayerUnknown’s Battlegrounds. The company has recently celebrated its first foray into the Japanese market with the acquisition of Tango Gameworks and the IP to Tango’s quirky rhythm game Hi-Fi Rush.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Krafton makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

Dongkeun
Likely contact at this company
••••••••@••••••••

See Dongkeun's verified email →

Minho (Mino)
Likely contact at this company
••••••••@••••••••

See Minho (Mino)'s verified email →

Marc
Likely contact at this company
••••••••@••••••••

See Marc's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for Krafton's next move

Learn about Strategic plan

Frequently asked

Who acquired Eleventh Hour Games?

Eleventh Hour Games was acquired by Krafton, based in Gangnam. The deal was reported on July 25, 2025. Krafton Inc. is a South Korea-based video game publisher known for its original battle royale game PlayerUnknown’s Battlegrounds. Krafton is privately held and operates in Video.

When did Krafton acquire Eleventh Hour Games?

Krafton's acquisition of Eleventh Hour Games was reported on July 25, 2025. Krafton has acquired Eleventh Hour Games, the developers of 'Last Epoch', for $96 million. This acquisition aims to strengthen Krafton's position in the action RPG genre and support EHG's growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Eleventh Hour Games do?

Eleventh Hour Games is a game development studio founded in 2018, known for their action role-playing game 'Last Epoch'. The studio has sold over three million copies of 'Last Epoch' since its launch in 2024. It is privately held, operating in Video Games, and is based in Wilmington.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.