Archive · 3 Oct 2025

Kuku FM to Raise $70-80 Million, Led by Krafton

Kuku FM to Raise $70-80 Million, Led by Krafton

Imagine Kuku FM, like a radio station for audio stories, is getting a lot more money!

They're planning to get $70-80 million from investors, including a company called Krafton, which makes video games.

This is to make the company worth $500-550 million.

Kuku FM started by offering audiobooks but now has more content.

They are focused on creator-led audio series and short-form video programs, like mini-dramas.

Other companies like Pocket FM are also getting ready for expansion.

Kuku FM's founders own about 20% of the company.

Sources