Inside Brave Group, the Tokyo studio turning VTubers into a $50M-backed global business

After an ¥8 billion Series E that made GREE its largest shareholder, the VTuber powerhouse is exporting Japan-born interactive entertainment worldwide.

Tokyo-based Brave group, founded in 2017, raised over ¥8 billion (about $50 million) in a Series E round announced in April 2026, with GREE’s REALITY, Inc. becoming its largest shareholder. The round drew 19 investors and lenders, lifting total funding to roughly ¥14 billion.

The company frames VTubing as a distinctively Japan-born category generating hundreds of millions in revenue. Its stated mission — to “strike wonder in 8 billion hearts” — signals global ambition, with overseas expansion centered on markets such as Korea.

Alongside the raise, Brave group announced “GΔ59,” the first act of a new “Tokyo Virtual” project under its metaverse content label.

The GREE tie-up is strategically significant: pairing Brave group’s talent and IP development with REALITY’s avatar-streaming platform points toward deeper integration of VTuber content and metaverse infrastructure.

Sources: Source 1 · Source 2

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