April saw some good news on the games front in Ireland.
Vela Games has announced significant new investment led by London Venture Partners and with investment from existing investor IIU. Lvp partner Mack Growen will join the board of directors as part of the investment.
The studio will use the investment to redefine Mulitplayer Gaming Through Co-Operative Play.
Founded in 2018 by Travis George, Brian Kaiser, and Lisa Newon George, Vela Games previously raised $3.7 million to establish a team of 16 developers from AAA studios, and prove out their design. This current round will accelerate delivery of the studio’s first title, a unique new genre of gameplay Vela Games is calling Multiplayer Online Co-Operative, or MOCO for short.
“We’ve been building out our bold vision for MOCO over the past two years and we are excited to work with Lvp to combine their long history and expertise in scaling genre-defining games companies with our own,” commented Travis George.
“We believe it’s important to work with partners who are excited about our mission, and Lvp has a great track record of working with innovative companies. We are thrilled to add Lvp to our fantastic team of existing partners, including IIU and Enterprise Ireland,” added Kaiser.
“Our goal is to reimagine what multiplayer co-operative gaming looks like with a player first mentality in everything we do,” commented Newon George. “Co-operative gaming hasn’t yet been developed to its full potential. We want to create a new genre of game that will enable us to unite both PvP and PvE players from all over the world.”
Well done everyone.
More news at https://vela.games/press-release-lvp-080420/