The mobile gaming startup gold rush has ended, and many investors have moved on to virtual reality, augmented reality, and esports deals. But don’t tell FunPlus that. The Chinese mobile game company is starting a $50 million fund to invest in game startups.
The primary focus is mobile, but the fund will invest money across different platforms. The first investment that FunPlus has made is in Sirvo Studios, a startup run by Asher Vollmer, the creator of the hit indie games Threes and Puzzlejuice. Vollmer announced on Monday that Sirvo is working on a game called Guildings, pictured below. The mobile fantasy adventure game has a scheduled debut in 2017.
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