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Brave group
Tokyo, JP · Founded 2017 · 69 employees on LinkedIn · 24 known investors
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Brave group is a Japanese holding company operating in the VTuber and IP entertainment space, structured around IP Production, IP Platform, and IP Solution businesses. It runs numerous domestic and international group companies producing virtual talent, music, and related digital entertainment content.
Also known as VSPO · VSPO! · Vspo77 · ぶいすぽっ！
Founders & leadership
Brave group was founded in 2017 by 野口 圭登 (Keito Noguchi).
Investors · 24
How we know: AG Capital Co. Ltd.'s portfolio page · Not right? Tell us
How we know: Cool Japan Fund's portfolio page · bravegroup.co.jp · Not right? Tell us
How we know: Global Brain's portfolio page · Not right? Tell us
How we know: Sumitomo Mitsui Trust nvestment Co. Ltd.'s portfolio page · Not right? Tell us
How we know: bravegroup.co.jp · Not right? Tell us
How we know: bravegroup.co.jp · Not right? Tell us
How we know: bravegroup.co.jp · Not right? Tell us
Also in the syndicate · 12
Funding
SEC filings, press & company announcements- Undisclosed amountSeries EMay 2026
Kakao Investment Co., Ltd., Kirin Holdings Company, Limited, Mizuho Bank, Ltd., Nippon Broadcasting System, Inc., REALITY Inc.
Source ↗ - Undisclosed amountSeries EApr 2026
Cool Japan Fund Inc., HIRAC FUND, Kakao Investment Co., Ltd., Kirin Holdings Company, Limited, Mizuho Bank, Ltd., NHN JAPAN Corp., REALITY, Inc., SMBC Nikko Securities Inc., SPRIX Inc., Sumitomo Mitsui Trust Asset Management Co., Ltd., Sumitomo Mitsui Trust Bank, Co., Ltd., The Shizuoka Bank, Ltd., THIRDWAVE CORP., Tokyo University of Science Innovation Capital Co., Ltd. (TUSIC), Wing Capital Partners, Ltd.
Source ↗ - Undisclosed amountSeries DAug 2023Source ↗
- Undisclosed amountSeries CJun 2022Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 17
launches, deals, and filingsVSPO! announced full refunds of membership fees to all STUDIO MEMBERS subscribers after a revision of the animation's production content made the remaining production schedule impossible to forecast; the animation itself continues in production. Refund details were to be announced during July 2026, and the member site stops updating but remains accessible until 31 December 2026.
Brave group, whose subsidiaries include the operator of VSPO!, announced a Series E totalling about ¥8.0 billion, comprising third-party allotments from 15 companies (including banks, Kirin, Nippon Broadcasting System and Thirdwave) and loans from 3 companies. Cumulative funding since its 2017 founding reached about ¥14.0 billion. GREE became the largest shareholder via additional investment through REALITY. Funds are earmarked for global expansion, IP diversification, strategic M&A and technology investment including streaming systems and XR R&D.
The operator published an update on measures against defamation of its talents, including monetisation and sale of sexual illustrations.
The China branch VSPO! CN (卟啵电竞project) was concluded and its member(s) transferred to MUGEN LIVE.
Offline event held 22–23 March 2025 at Ryogoku Kokugikan with 23 VSPO! members competing across five game titles against streamers and professional players.
VSPO! announced a first long-form animation project of 12 planned episodes with a first chapter targeted for end-2025, plus the paid ぶいすぽっ！STUDIO MEMBERS support service opening 1 November 2024.
VSPO! GEAR officially launched, with gaming keyboard releases starting 29 March 2024; the line later included a gaming mouse and mouse pads.
Permanent VSPO! corners opened at Kotobukiya's Tachikawa main store and Osaka Nipponbashi store, with the third floor of the Akihabara store dedicated to VTubers.
VSPO! held a Valentine's distribution event across four Animate stores in Japan, alongside an online lottery distribution of Valentine's chocolates.
バーチャルエンターテイメント, founded by Takamasa Hoshi in March 2018 and operator of VSPO!, was merged into Brave group; Hoshi joined Brave group as a director.
バーチャルエンターテイメント debuted the Kaga sisters (Kaga Sumire and Kaga Nazuna) in October 2018, which developed into the VSPO! project.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 16
primary sources listed
- Riot Music - Creator Safe Guidelines | Riot Gamesriotgames.com · web
- ぶいすぽっ！vspo.jp · web
16 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Brave group do?
- Brave group is a Japanese holding company operating in the VTuber and IP entertainment space, structured around IP Production, IP Platform, and IP Solution businesses. It runs numerous domestic and international group companies producing virtual talent, music, and related digital entertainment content.
- Who founded Brave group?
- Brave group was founded by 野口 圭登 (Keito Noguchi) in 2017.
- Who are Brave group's investors?
- Brave group's investors include AG Capital Co. Ltd., Cool Japan Fund, Global Brain, gumi Inc, NOW Japan, Shochiku Ventures, Sumitomo Mitsui Trust nvestment Co. Ltd., Tokyo University of Science Innovation Capital and 4 more.
- Where is Brave group headquartered?
- Brave group is headquartered in Tokyo, JP.