Playable Worlds lands $10m investment
Thursday June 11 2020
[Click here to view article on gameindustry.biz]
More investors have bought into Raph Koster's vision for
Playable Worlds.
The upstart MMO studio led by the Star Wars Galaxies and
Ultima Online designer today announced that it has secured $10 million in
Series A funding led by Galaxy Interactive, with additional participation from
Bitkraft Esports Ventures.
Bitkraft was the lead investor in Playable Worlds' $2.7
million seed funding round last October.
"Now that we have our foundational technology, we're
moving into production on our innovative lead title and original IP,"
Koster said.
"The support from Galaxy Interactive and Bitkraft
enables us to hire staff and push the boundaries of what an online world can
be, reinforced by best practices for persistence, engagement, and retention to
build a game that lasts."
Playable Worlds' first project hasn't been detailed yet, but
Koster told us back when the seed funding was announced that it is more a game
than a virtual social space, but one that will be driven by community.