Press Release – Barcelona-based studio WINKO Games raises $1.4M to build mobile games for core players
Barcelona-based studio WINKO Games raises $1.4M to build mobile games for core players
Investors include Supercell’s seed investors London Venture Partners and Initial Capital
Barcelona – June 11, 2015 – Barcelona based studio WINKO Games today announced the company’s $1.4M seed investment round. The company is now backed by venture capital funds London Venture Partners (investors in Supercell, NaturalMotion, Unity), Initial Capital (investors in Supercell, Super Evil Megacorp, Space Ape), and Kibo Ventures (investors in Omnidrone, Job&Talent, peerTransfer).David Gardner of London Venture Partners said: “We are confident core gaming on mobile platforms will be one of the fastest growing segments in the coming years. WINKO Games is at the right place, at the right moment, and with a strong team to deliver.”WINKO Games has gathered talent from Gameloft, Social Point and Google. This team of video games veterans share a common passion for creating original games, and is currently hard at work on their first title, a futuristic RPG with strategy battles, to be released in Q4 2015.Jean-Laurent Wotton, WINKO Games’ CEO and co-founder said: “Even though mobile revenue will soon surpass all other segments in gaming, most core gamers are still playing on consoles and PCs. We want to provide those players with strategy games that bring a deeper overall experience.”
WINKO Games is currently recruiting new talent to join the growing team. The open positions can be viewed at: www.winkogames.com/careers
About WINKO Games
WINKO is a squad of veterans from the game industry and start-up world, who honed their super powers in companies including Gameloft, Social Point and Google. The company grand plan is to be the best hive for gaming talent and build top quality mobile games for core players. WINKO’s first title is a strategy RPG to be released in Q4 2015. Read more about WINKO games: www.winkogames.com
LVP is a seed fund with a valuable difference: our partners are operating experts in the games ecosystem, and we only ever invest in the game sector. The LVP team has been seed investors in game companies that have created $4 billion in value through exits including Supercell, Playfish and NaturalMotion, and is an investor in many other great companies including Unity, PlayRaven, Omnidrone, Peak and Polystream. To learn more about LVP visit www.londonvp.com.
About Initial Capital
Initial Capital is an investor for seed and early-stage technology companies with a focus on games, consumer services and technology enablers. Based out of London and Silicon Valley, we partner with world class entrepreneurs to build global category winners. We’ve played a key part in growing companies like Glu Mobile ($350M IPO in 2007), Playfish ($400M sale to EA in 2009) and Supercell (global leader in iOS- based games). To read more about Initial Capital: www.initialcapital.com.
About Kibo Ventures
Kibo Ventures is a venture capital firm based in Madrid (Spain) and one of the most active Spanish investors in early stage digital companies, with over 30 portfolio companies. It currently manages a €43M fund, mainly backing exceptional Spanish entrepreneurs with differentiated technologies and business models with the potential to scale globally, while actively supporting the development of its portfolio companies. For more information about Kibo Ventures: www.kiboventures.com.