First Sydney Angel Sidecar Fund given to Bubble Gum Interactive

Leigh Harris
First Sydney Angel Sidecar Fund given to Bubble Gum Interactive

After already having received substantial funding from investors, Bubble Gum Interactive now reports it has received an additional AUD$200'000.

The developer announced that Sydney Angel Sidecar Fund, an AUD$10 million fund looking to disperse amongst early stage business ventures over the next 5 years, has chosen to invest in Bubble Gum's current project: Little Space Heroes.

Jeremy Colless, a member of Sydney Angels, said: “Bubble Gum Interactive has created an amazing new gaming experience with enormous global potential. They have an excellent team covering creative, technical and business disciplines and are targeting a market that continues to grow very quickly."

Phil Mason, Bubble Gum Interactive Executive Producer and Technology Director, added: “Their investment demonstrates the strong business potential of Little Space Heroes, our new virtual world for kids under 12.”

Little Space Heroes is a free virtual online universe created for kids, and is expected to launch in late 2011.

 

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Tags: MCV Pacific , Little Space Heroes , Bubble Gum Interactive , Sydney Angel Sidecar Fund

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