Newly independent Amplitude Studios announced today that it has raised β¬12 million, or around $13.5 million in a Series A funding round. Griffin Gaming Partners led the round with a β¬10 million investment, with public investment bank Bpifrance also participating. The studio plans to put the funding towards development of its new and in-development titles, including Endless Legend 2, as well as grow out its team and community collaboration.
Frankie Zhu, partner at Griffin, said in a statement, βWeβre excited to partner with Amplitude Studios on their next chapter β theyβve created rich strategy-based franchises and plan to continue leveraging their depth of knowledge in the genre alongside their loyal community to create engaging universes. The team has a proven track record of excellence in releasing multiple titles that are both critically acclaimed and loved by their audiences.β
The Amplitude Studios team.
Last year, Amplitude Studios went independent from Sega, which acquired it in 2016. Now, according to the minds behind the studio, it plans to get back to its roots as a strategy game developer, starting with the aforementioned Endless Legend 2.
Romain de Waubert de Genlis, Amplitude CEO, said in a statement, βWe built Amplitude as an indie studio driven by passion and community. Whatβs exciting about regaining our independence through this partnership with Griffin is that itβs not about changing who we are, itβs about accelerating toward the future weβve always envisioned. A future where we can fully realize our creative vision and deliver the immersive experiences our players expect. Weβre already deep in development on whatβs nextβand we canβt wait to share it.β
GB Daily
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