Games could use a boost, and now the Russians are coming. Moscow-based Internet communications firm Mail.Ru Group is announcing that it has set up a $100 million investment division to invest in games and developers. The investment amount is the largest one from Russia to support the game industry, and it will invest in game companies there as well as the rest of the world.
Mail.Ru will finance “accomplished game studios and publishers” who need funding for scaling as well as young game developers. The division will employ a variety of investment strategies, including royalty investments. That means that it could invest in individual games, financing the money upfront and receiving payments in the form of royalties after the product ships.

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