Venture capital firm Makers Fund leads investment in “genre-breaking” title
Berlin-based developer Klang has secured $5 million in a second equity funding round to support the development of its AI-driven MMO, Seed.
The round - led by Makers Fund with additional funding from Firstminute Capital, Neoteny, Mosaic Ventures, and Novator - will be used to scale up the development team to work on the studio's upcoming "genre-breaking" title.
The new investors join existing backers from Reid Hoffman, David Helgason, Adalsteinn Ottarson, and London Venture Partners.
"We're extremely honoured to receive the backing from these prestigious investors who have the faith in us to realise a dream that began over a decade ago," said Mundi Vondi, CEO and co-founder of Klang.
"We believe Seed to be a vital part in the next generation of computer games, and it's exciting to have their trust that we can turn this concept into a reality."
Michael Cheung, partner at Makers Fund added: "Seed is a genre-breaking game in the making, developed by one of the most creative and technically accomplished teams in the industry.
The team at Klang has over 30 years' combined experience developing MMOs such as EVE Online and its first-person shooter counterpart, Dust 514.
Seed utilises cloud development platform SpatialOS, from London-based startup Improbable. It is a continuous, persistent simulation where players are tasked with colonising an alien planet through collaboration and conflict.