Did you miss a session from GamesBeat Summit Next 2022? All sessions are now available for viewing in our on-demand library. Click here to start watching.
Freedom Games said it has completed its first outside priced-financing round, raising a total of $10 million in both primary and secondary capital to publish indie games. Play Ventures led the round.
The Huntsville, Alabama-based company is only about 18 months old, but it has published successful indie projects like Coromon, Dreamscaper, Dark Deity, Cat Café Manager and Symphony of War. Each of those titles sold hundreds of thousands of copies, which is pretty good by indie standards.
“When seeking a partner to join us for the next part of our exciting journey, we knew we needed someone with a background in bringing compelling experiences to broad audiences, and Play Ventures absolutely does,” said Ben Robinson, COO of Freedom Games, in a statement.
“We couldn’t be more proud to work together. Not only will this enable us to bring even more high quality indies to fruition and continue growing our platform for creators to share their content, but to also stay committed to our developer first mindset by continuing to invest in our suite of tools and services for indie developers,” said Donovan Duncan, CEO of Freedom Games, in a statement.
Play Ventures said it shares Freedom’s vision for a diverse industry elevating unknown game development talent from around the world. The investment will accelerate Freedom’s growth, allow the hiring of additional production staff to expand and better serve indie developers, expand their community platform: wiki.gg, and grow the Freedom Games’ indie game catalog.
Play Ventures’ investment was joined by Nashville Capital Network (NCN) and GFR Fund.
“Freedom’s rapid growth is a clear sign of where the heart of the game industry lies, with indie games,” said Harri Manninen, Founding Partner at Play Ventures, in a statement. “We believe that Freedom Ga …