Krafton
Krafton (formerly Bluehole) is a South Korean video game company best known for developing TERA, inZOI, and PUBG: Battlegrounds.
The company was founded in 2018 by Chang Byung-gyu as a parent company for Bluehole, which was founded in 2007.
Bluehole has acquired several development studios since its founding. The subsidiaries were then reorganized under one parent company, Krafton Game Union.
Krafton supports many companies and studios worldwide. In 2025, Krafton announced it was supporting indie game developers over a three-year period with Blue Fund Games, a $30 million venture capital fund. It has also launched an investment fund with Naver Corporation and Mirae Asset Securities to support technology startups in India.
Krafton News
Tickets are on sale now for VGC Live in Glasgow
VGC takes to the stage for the first time ever at one of Glasgow's most historic venues
Reinstated Subnautica 2 studio CEO says publisher Krafton ‘self-servingly’ chose its release date without permission
A court gave CEO Ted Gill control back over the game's launch earlier this week
Court tells Subnautica 2 publisher Krafton to reinstate fired CEO and let him handle its Early Access release
Krafton terminated the game leads' contracts "without valid cause", a judge has ruled
PUBG publisher Krafton creates new Chief AI Officer executive role as it continues its ‘AI First’ strategy
Krafton's head of AI has been promoted to the new role and to "further enhance its game AI R&D framework"
Fired Subnautica 2 leads allege that Krafton CEO asked ChatGPT how to get out of paying their $250 million bonus
Krafton denies the allegations made in new legal filings
PUBG and Subnautica publisher Krafton says it’s transforming into an ‘AI-first’ company
The South Korean publisher will reorganise around AI, it's claimed
Krafton responds to Subnautica founders’ lawsuit: ‘We look forward to defending ourselves in court’
The publisher again claims Subnautica 2 was delayed for quality reasons, amid accusations of obstruction to avoid an earn-out
Subnautica founders’ lawsuit accuses Krafton of ‘ripping the game from its creators in the name of money’
Former Subnautica 2 execs' lawsuit alleges Krafton deliberately obstructed its 2025 release to avoid a $250m earnout
Subnautica 2 saga turns messy: Former devs sue Krafton, as publisher accuses them of ‘betrayal’
Unknown Worlds' co-founders and CEO left this month
Subnautica studio Unknown Worlds has lost its leadership team
Co-founders depart, as owner Krafton appoints Striking Distance's Steve Popoutsis
Callisto Protocol studio suffers layoffs but ‘remains operational’, Krafton confirms
Krafton has “reduced the size” of Striking Distance Studios