Vainglory creator Super Evil Megacorp raises $26M for hardcore mobile gaming

Super Evil Megacorp, creator of hit touchscreen multiplayer online battle arena (MOBA) game Vainglory, has raised $26 million in funding. The funding is a big endorsement for Super Evil Megacorp’s plan to create hardcore esports games on mobile devices such as tablets and smartphones.

The new round was led by Index Ventures, with support from Russian investor Yuri Milner, Jim Breyer of Breyer Capital, and Korea Investment Partners. Existing investors who also participated include Signia Venture Partners, General Catalyst, Raine Ventures, Initial Capital, and Cross Cut.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.