Brave group

The core of Brave group's operations is its IP Production arm, which manages several VTuber groups and virtual artists. These include the virtual esports project "VSPO!", the virtual music label "RIOT MUSIC," and multilingual projects like "V4Mirai" (English) and "MUGEN LIVE" (multilingual). The company has pursued aggressive global expansion through M&A, establishing a presence in the UK, USA, Thailand, and China, and acquiring overseas VTuber groups. A notable move was the July 2025 merger with StelLive, a major Korean VTuber agency.

Under its IP Platform segment, Brave group operates e-commerce sites for official merchandise, such as "colleize," and subscription box services like "SURPRISE BOX". The IP Solution division provides technology and production services to corporate clients, including corporate virtual IP development, metaverse/XR development leveraging its proprietary "Brave Engine," and 3DCG animation production.

The company's business model revolves around creating and monetizing its intellectual property through content creation, live streaming, merchandising, and providing B2B technology solutions. Revenue is generated from these diverse streams. The company has successfully raised significant capital to fuel its growth, securing a total of $47.9M over five funding rounds, with its largest being a Series D round for $21.6M in December 2023. Investors include Animoca Brands, Global Brain, and Sumisho Venture Partners.