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INKR raises USD3.1 million in pre-Series A funding round

INKR, a digital comics platform, has secured USD3.1 million in a pre-Series A funding round led by Monk’s Hill Ventures. Investors Stu Levy, Founder & CEO of TokyoPop, and VI Management also participated in the round.

The funding will be used to increase its content catalogue, further expand its product development and marketing to grow user base, and for talent acquisition.

“Comics have the power to transport us to entirely new worlds, teach enduring values, and nurture our imagination. We believe that everyone should be able to read any comic even if they do not know the language. In reality, not everyone can enjoy comics easily and officially due to the prohibitively high cost of localisation and complex licensing process for content creators and publishers. So we want to change that,” says Ken Luong, CEO, and Co-Founder of INKR.

INKR currently works with over 70 leading comics publishers and creators including Image Comics, Kodansha USA, Kuaikan, Blue, TokyoPop. Using INKR proprietary technology, any reader can have access to any of our over 800-plus comics on any device and localised to any language. Content creators and publishers are also able to share their content at speed and are more cost-effective.

“Ken, Hieu, and Khoa’s sheer passion and fanaticism for making comics universal has translated into a company and suite of products that is transforming the entire industry and will completely change how comics are localised, distributed, and consumed worldwide. Its proprietary AI-driven platform is addressing pain points for creators and publishers who need to go digital and global – localising for many languages quickly and cost-effectively while also helping them improve reach and readership through analytics and intelligent personalised feeds. We look forward to partnering with them to quench the huge demand for translated comics globally,” says Justin Nguyen, Partner of Monk’s Hill Ventures.

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