UK developer Netspeak Games has completed a $12 million Series A investment round.
The round was led by venture capital firms LakeStar and Project A, with contributions from Makers Fund and industry figures including CCP CEO Hilmar Veigar Pétursson, Jagex CEO Phil Mansell and Director of Kepler Interactive’s investments, Catherine Chew.
The remote studio will use the funding to accelerate development, speed up recruitment, and accelerate the launch of its first game Sunshine Days, a free-to-play mobile village builder that is currently in early access.
Netspeak Games was founded in 2019 and has built a team with former employees from PlayStation, EA, Rockstar, Sega, King and more. It has raised $16 million in funding to date, boosted significantly by the completion of this Series A.
“I am delighted, on behalf of my entire team, to be able to share this funding news today,” CEO Callum Brighting said.
“Building a business during a pandemic has been a challenge – but I’m happy to say that by being supportive, kind and continuing to prioritize our studio culture above all else, we are now a world-class team. backed by leading investors.”