Investment to further development of spiritual successor to Portal Knights
Portal Knights developer Keen Games announced today that it has raised $10 million in a Series B funding round.
The studio said that the investment will be used to further develop its upcoming open world sandbox RPG, which will support user-generated content.
Additionally, the funding will allow Keen Games to move into self-publishing.
The funding round was led by Hiro Capital and Tencent.
“We are delighted to be investing in such a stellar team,” said Hiro Capital cofounder and partner Cherry Freeman.
“From the first moments playing their game prototype, we knew that they were on track to bottle lightning again and build upon the success of Portal Knights, a game that has been played and enjoyed by millions of people around the world.”
Keen Games was founded in 2005 and is based out of Frankfurt, Germany.
Prior to Portal Knights, it was best known as the studio behind Sacred 3.
GamesIndustry.biz
Source link
Related Post:
- Spiltgate developer 1047 Games raises $10m in funding round
- AccelByte raises $10m in Series A funding
- Nifty Games raises $38m in Series B funding round
- Bravely Default Producer Keen To Continue Series But Admits A New Entry Might Take A While
- Quicksave Interactive raises $1.5m in funding round
- Piepacker raises $3m in seed funding round
- Edge Gaming raises $2m in pre-seed funding round
- Gigantic Duck raises SEK 10m
- Bad Robot Games raises more than $40m in Series B funding
- VRChat closes $80m Series D funding round