Thatgamecompany raises $7m in funding for upcoming title

Erik Johnson
Thatgamecompany raises $7m in funding for upcoming title

Journey developer Thatgamecompany has raised $7m in funding for its next game, the independent studio has announced.

The company posted the news on its website, revealing that it has partnered with investment-team Capitol Today to fund its upcoming release.

“We are proud to share the news today that our studio has entered the next phase of development on our upcoming project and has raised an additional $7 million in funding,” Studio manager Sunni Pavlovic wrote.

“We are happy to partner with Capital Today and a team of other investors who share our vision in making meaningful interactive experiences that inspire, connect, and emotionally touch the hearts of players around the world.”

The $7m will allow Thatgamecompany to scale up the team's efforts, as well as allow them to self-publish, market, and distribute the project their way.

“With this new investment, our studio is able to scale up development efforts to focus on making the best game possible in the same spirit as flOw, Flower, and Journey. We’ll also begin laying the infrastructure to self-publish, market, and distribute on our own terms for this next project and beyond.”

Pavlovic adds the Playstation-focused studio is excited to share more info on the yet to be revealed title soon, explaining that the game should offer the same emotionally engaging experience as its past releases.

“Since finishing Journey, the team has been hard at work to make an emotionally engaging experience centered around human connections for players of all ages and backgrounds. We’re eager to share more information with everyone as we get further into development. Until then, a big thanks to everyone for your patience and ongoing support.”

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Tags: Sony , journey , funding , thatgamecompany , MCV USA , investments , Capitol Today

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