[ad_1]
Swedish writer Thunderful has acquired recreation consulting company Robotic Teddy to spearhead a brand new funding pillar known as Thunderful Funding.
The brand new division will function two new funds, which will probably be managed in collaboration with Robotic teddy. In accordance with Thunderful, each are designed to “bridge gaps the place there may be presently a scarcity of choices within the trade.”
The primary Thunderful Funding fund will probably be focused on the growth of recreation prototypes and vertical slices, with Thunderful describing the paucity of prototype funding within the video games trade as a “big downside.”
The second fund will give attention to supporting the event of VR video games, and is a part of Thunderful’s plan to assist creators in what it described as a sector “rife with alternative.”
“From the second we started enthusiastic about including an funding pillar to our video games publishing and video games growth companies, Robotic Teddy stood out in our minds as the apparent associate,” mentioned Agostino Simonetta, chief technique and funding officer at Thunderful Video games.
“The confirmed experience […] the workforce at Robotic Teddy convey to Thunderful will probably be invaluable and we’re actually excited concerning the work we’re going to be doing collectively.”
Robotic Teddy founder Callum Underwood and the present administration workforce will proceed to supervise the corporate following the deal.
[ad_2]