Halo game creator raises $5M for Industrial Toys game startup

Industrial Toys, founded by Halo co-creator Alex Seropian, is announcing today that it has raised $5 million from Accel Partners. Industrial Toys is hard at work on Midnight Star, a free-to-play shooter game designed from the ground up for tablets.

The bet is that hardcore gamers will migrate from console games to tablets, and those gamers will want hardcore content on their mobile devices. Some critics believe that mobile platforms aren’t ready yet, but Seropian noted that critics once said that the consoles weren’t ready for shooter games like Halo. And they were wrong about that.