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Versework, Asia's Largest Roblox Studio, Enters Official Roblox Incubator and Raises $2.7M from Altos Ventures

Business

Versework, Asia's Largest Roblox Studio, Enters Official Roblox Incubator and Raises $2.7M from Altos Ventures
Business

Business

Versework, Asia's Largest Roblox Studio, Enters Official Roblox Incubator and Raises $2.7M from Altos Ventures

2026-06-23 20:00 Last Updated At:20:25

  • Selected for Roblox Incubator 2026 alongside $2.7M sole investment from early Roblox backer Altos Ventures
  • Flagship title 'Sols RNG' surpasses 2 billion plays, ranking in Roblox's global top 10–20
  • Studio expands into 'CookieRun: Braverse TCG' IP and targets regional UGC creator infrastructure
  • SAN FRANCISCO, June 23, 2026 /PRNewswire/ -- Versework, Asia's largest Roblox User-Generated Content (UGC) game developer and accelerator, today announced a dual milestone: its selection for the official Roblox Incubator 2026 — a flagship program run directly by Roblox HQ — and a $2.7 million investment from Altos Ventures, one of Roblox's earliest institutional backers. The $2.7 million investment from Altos Ventures brings Versework's total funding to approximately $7.5 million to date. The simultaneous recognition from both Roblox headquarters and a foundational platform investor marks Versework as the defining Asian studio in the rapidly expanding global UGC gaming market.

    First Asian Studio Selected for Roblox's Official Incubator Program

    The Roblox Incubator is a highly competitive program that selects top-tier global developers to provide direct business development, technical, and publishing support. Versework's selection is the first by an Asian studio in the program's history.

    Versework entered the program with its upcoming 'CookieRun: Braverse TCG' Roblox project. Reflecting the strategic importance of this partnership, Versework CEO Youngkun Yoon was also selected for the Asan Voyager program and is currently in San Francisco conducting direct collaborative meetings with Roblox leadership.

    Strategic Backing from Global Accelerator and Early Roblox Investor Altos Ventures

    The validation from Roblox HQ coincides with a $2.7 million sole investment from Altos Ventures. Operating as a globally recognized accelerator with a broad portfolio spanning Asia and North America, Altos Ventures was also an early investor in Roblox itself, giving the firm a deep, foundational understanding of the global UGC gaming ecosystem. Altos Ventures committed the capital based on Versework's potential to become the defining player representing Asia in this rapidly expanding market.

    The investment comes amid explosive growth for the Roblox platform. As of Q3 2025, Roblox reported 151.5 million daily active users —a 70% year-over-year increase—with user engagement reaching 396 billion hours and revenue jumping 48% to $1.359 billion. Within this ecosystem, Versework stands out as one of the few Asian studios successfully competing with top-tier Western developers.

    Proven Track Record of Hit IP and Financial Performance

    Versework's growth is driven by its strong internal intellectual property. Its flagship title, 'Sols RNG', has surpassed 2 billion cumulative plays, establishing itself as a permanent fixture in the global top 10-20 rankings on Roblox. This represents the highest traffic volume achieved by any Roblox title developed by a Korean studio.

    The company is expanding its portfolio with two highly anticipated titles: a Roblox adaptation of the globally recognized 'CookieRun: Braverse TCG' IP, and a collaborative project with GH's, a gaming animation creator with 27 million global subscribers.

    Financially, Versework demonstrated both scalability and profitability by generating approximately $7.3 million in revenue alongside positive operating income in 2025. The company expects steep revenue acceleration in the second half of 2026, driven by Roblox's 42% DevEx (Developer Exchange) rate increase for age-verified US creators over 18, which took effect on June 8.

    The DevEx program allows Roblox developers to convert their in-platform earnings into real-world currency, and the rate increase directly amplifies Versework's monetization potential.

    Vision for Sustainable Regional Creator Infrastructure

    Beyond game development, Versework functions as an accelerator dedicated to discovering and nurturing UGC talent across Asia. Through its proprietary incubator track, the company provides emerging developers with design mentorship, global publishing infrastructure, and residential support near its headquarters, establishing 'UGC Game Creator' as a viable, high-growth career path in the region.

    "The headroom for growth in the global Roblox ecosystem is still in its infancy, and we have already proven with Sols RNG that regional talent can achieve top-tier global status," said Young-Gun Yoon, CEO of Versework. "Our selection for the Roblox Incubator and the backing from Altos Ventures validate our vision. Our goal is to make Asia a recognized powerhouse in the global UGC economy — and Sols RNG has already proven that's possible."

    "Versework has demonstrated rare capabilities in the UGC space by delivering world-class traffic through Sols RNG while maintaining strict profitability," a representative from Altos Ventures stated. "Their entry into the official Roblox Incubator is a clear signal of their global competitiveness. We are pleased to partner with them long-term as they empower regional creators to take center stage in the global market."

    About Versework

    Founded in 2021, Versework is a premier Roblox UGC game studio and accelerator based in South Korea. The company's flagship title, 'Sols RNG', has recorded over 2 billion plays, ranking among the top titles globally. With an upcoming pipeline that includes a 'CookieRun: Braverse TCG' adaptation and a project with global creator GH's, Versework bridges regional developer talent with the global UGC ecosystem.

SAN FRANCISCO, June 23, 2026 /PRNewswire/ -- Versework, Asia's largest Roblox User-Generated Content (UGC) game developer and accelerator, today announced a dual milestone: its selection for the official Roblox Incubator 2026 — a flagship program run directly by Roblox HQ — and a $2.7 million investment from Altos Ventures, one of Roblox's earliest institutional backers. The $2.7 million investment from Altos Ventures brings Versework's total funding to approximately $7.5 million to date. The simultaneous recognition from both Roblox headquarters and a foundational platform investor marks Versework as the defining Asian studio in the rapidly expanding global UGC gaming market.

First Asian Studio Selected for Roblox's Official Incubator Program

The Roblox Incubator is a highly competitive program that selects top-tier global developers to provide direct business development, technical, and publishing support. Versework's selection is the first by an Asian studio in the program's history.

Versework entered the program with its upcoming 'CookieRun: Braverse TCG' Roblox project. Reflecting the strategic importance of this partnership, Versework CEO Youngkun Yoon was also selected for the Asan Voyager program and is currently in San Francisco conducting direct collaborative meetings with Roblox leadership.

Strategic Backing from Global Accelerator and Early Roblox Investor Altos Ventures

The validation from Roblox HQ coincides with a $2.7 million sole investment from Altos Ventures. Operating as a globally recognized accelerator with a broad portfolio spanning Asia and North America, Altos Ventures was also an early investor in Roblox itself, giving the firm a deep, foundational understanding of the global UGC gaming ecosystem. Altos Ventures committed the capital based on Versework's potential to become the defining player representing Asia in this rapidly expanding market.

The investment comes amid explosive growth for the Roblox platform. As of Q3 2025, Roblox reported 151.5 million daily active users —a 70% year-over-year increase—with user engagement reaching 396 billion hours and revenue jumping 48% to $1.359 billion. Within this ecosystem, Versework stands out as one of the few Asian studios successfully competing with top-tier Western developers.

Proven Track Record of Hit IP and Financial Performance

Versework's growth is driven by its strong internal intellectual property. Its flagship title, 'Sols RNG', has surpassed 2 billion cumulative plays, establishing itself as a permanent fixture in the global top 10-20 rankings on Roblox. This represents the highest traffic volume achieved by any Roblox title developed by a Korean studio.

The company is expanding its portfolio with two highly anticipated titles: a Roblox adaptation of the globally recognized 'CookieRun: Braverse TCG' IP, and a collaborative project with GH's, a gaming animation creator with 27 million global subscribers.

Financially, Versework demonstrated both scalability and profitability by generating approximately $7.3 million in revenue alongside positive operating income in 2025. The company expects steep revenue acceleration in the second half of 2026, driven by Roblox's 42% DevEx (Developer Exchange) rate increase for age-verified US creators over 18, which took effect on June 8.

The DevEx program allows Roblox developers to convert their in-platform earnings into real-world currency, and the rate increase directly amplifies Versework's monetization potential.

Vision for Sustainable Regional Creator Infrastructure

Beyond game development, Versework functions as an accelerator dedicated to discovering and nurturing UGC talent across Asia. Through its proprietary incubator track, the company provides emerging developers with design mentorship, global publishing infrastructure, and residential support near its headquarters, establishing 'UGC Game Creator' as a viable, high-growth career path in the region.

"The headroom for growth in the global Roblox ecosystem is still in its infancy, and we have already proven with Sols RNG that regional talent can achieve top-tier global status," said Young-Gun Yoon, CEO of Versework. "Our selection for the Roblox Incubator and the backing from Altos Ventures validate our vision. Our goal is to make Asia a recognized powerhouse in the global UGC economy — and Sols RNG has already proven that's possible."

"Versework has demonstrated rare capabilities in the UGC space by delivering world-class traffic through Sols RNG while maintaining strict profitability," a representative from Altos Ventures stated. "Their entry into the official Roblox Incubator is a clear signal of their global competitiveness. We are pleased to partner with them long-term as they empower regional creators to take center stage in the global market."

About Versework

Founded in 2021, Versework is a premier Roblox UGC game studio and accelerator based in South Korea. The company's flagship title, 'Sols RNG', has recorded over 2 billion plays, ranking among the top titles globally. With an upcoming pipeline that includes a 'CookieRun: Braverse TCG' adaptation and a project with global creator GH's, Versework bridges regional developer talent with the global UGC ecosystem.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Versework, Asia's Largest Roblox Studio, Enters Official Roblox Incubator and Raises $2.7M from Altos Ventures

Versework, Asia's Largest Roblox Studio, Enters Official Roblox Incubator and Raises $2.7M from Altos Ventures

MONACO, June 23, 2026 /PRNewswire/ -- Jardins d'Arménie – Royal Brandy, the flagship brand of Pogossian Luxury Brand House, had its distinguished presence at the 2026 Monte-Carlo Television Festival as Crystal Partner, bringing Armenian heritage, craftsmanship and cultural excellence to one of Monaco's most prestigious international gatherings.

The partnership marks a new chapter in the brand's growing presence in Monaco and reflects its commitment to building meaningful connections across the international cultural, hospitality and luxury sectors.

"Monaco has long been a place where culture, creativity, and international perspectives come together. Being part of the Monte-Carlo Television Festival is a natural extension of the values that inspire Jardins d'Arménie. The Festival provides a unique platform to celebrate storytelling and cultural exchange while allowing us to share Armenia's heritage with an international audience and strengthen our presence in Monaco," mentioned Armen Pogossian, Օwner of Pogossian Luxury Brand House.

Throughout the Festival, Armen Pogossian engaged with media representatives, partners, and invited guests, fostering meaningful dialogue around culture, creativity, and the story behind a brand rooted in authenticity, excellence, and the appreciation of time.

Recognised as one of the world's leading television festivals, the Monte-Carlo Television Festival has, for 65 years, brought together acclaimed actors, producers, broadcasters, creators, and industry leaders in the Principality of Monaco. Major studios, networks, digital platforms and internationally renowned talent gather to compete for the prestigious Golden Nymph Awards.

As part of the Festival, renowned chess grandmaster Levon Aronian, ambassador of Jardins d'Arménie, was also present in Monaco. Recognised as one of the leading figures in international chess, Aronian embodies values closely associated with the brand, including excellence, discipline and intellectual curiosity.

"I was very happy to be present at the Festival in the company of so many accomplished people. I have always considered Armenian brandy, together with chess, to be among the symbols of our country, so I am proud to see these two worlds come together through Jardins d'Arménie. What impressed me most was seeing international guests discover something that felt genuinely different from what they were used to,"  said Levon Aronian, Ambassador of Jardins d'Arménie

The Festival also welcomed a number of internationally recognised actors, actresses and industry professionals, including Jeffrey Dean Morgan, Ester Expósito, Kevin McKidd, David Morrissey, Lauren Cohan, David Boreanaz and Dame Kristin Scott Thomas, alongside renowned cinematographer Barry Markowitz, among others.

The partnership with the Monte-Carlo Television Festival also coincided with the continued development of Jardins d'Arménie in Monaco through its collaboration with GCM (Grands Chais Monégasques), where the brand is now available. This growing presence reflects the House's ambition to build long-term relationships with collectors, connoisseurs and hospitality professionals who appreciate authenticity, heritage and exceptional craftsmanship.

About Pogossian Luxury Brand House

Since 1992, the Pogossian family has been creating exceptional luxury products. Present in more than 50 countries, the House embodies a vision rooted in craftsmanship, creativity and excellence, offering a discerning international clientele sophisticated and timeless experiences.

Among its flagship brands owned by Armen Pogossian is Jardins d'Arménie – Royal Brandy. Produced in Armenia from Voskehat grapes and aged for 35 years through a distinctive multi-stage maturation process, the brand embodies a vision where cultural heritage and contemporary luxury meet. Combining traditional craftsmanship with contemporary presentation, Jardins d'Arménie offers a refined expression of Armenia's cultural and winemaking heritage.

 

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Jardins d'Arménie at the Monte-Carlo Television Festival: A Story of Heritage, Told Globally

Jardins d'Arménie at the Monte-Carlo Television Festival: A Story of Heritage, Told Globally

Jardins d'Arménie at the Monte-Carlo Television Festival: A Story of Heritage, Told Globally

Jardins d'Arménie at the Monte-Carlo Television Festival: A Story of Heritage, Told Globally

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