Former GTA developer invests $110m in game startup
– Company Background: – Build A Rocket Boy, a Scottish video game company founded in 2016 by Leslie Benzies, former president of Rockstar North, a subsidiary of Rockstar Games.
– Funding Details: – Raised $110m in Series D funding led by RedBird Capital Partners, a US-based private investment firm.
– Key Products: – Launching three flagship products with the funding: Everywhere (an immersive open-world platform), MindsEye (a video game series), and Arcadia (a suite of user-generated content design tools).
– Founder's Background: – Leslie Benzies, a video game programmer, led the development of the Grand Theft Auto (GTA) franchise until leaving Rockstar Games in 2016.
– Strategic Partnership: – RedBird Capital Partners, with a focus on entertainment and sports, leads the investment. Julia Wittlin, a partner at RedBird, joins Build A Rocket Boy's board of directors.
– Game-Changing Vision: – Leslie Benzies believes the new products, particularly the user-generated content tools in Arcadia, will be "game-changing" for the gaming industry.
– Player Empowerment: – Build A Rocket Boy aims to empower players by putting game creation in their hands, envisioning a future where players actively shape the gaming experience.
– Additional Backers: – Other backers in the funding round include Galaxy Interactive, NetEase Games, Endeavor, Alignment Growth, Woodline Partners LP, and GTAM Partners.
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