Bad Robot Games, the Bad Robot’s video game division, completed a $40+m Series B funding.
The round was led by Galaxy Interactive, with participation from existing investors Horizons Ventures, Iconiq Capital and Tencent. The financing follows the formation of its internal development team, Bad Robot Games Studio, and the hiring of CEO Anna Sweet in early 2020.
Bad Robot Games will use the new capital to build out its internal Games Studio and continue to ramp up the team with additional hiring.
Formed by filmmaker J.J. Abrams in 2001, Santa Monica, CA-based Bad Robot has produced television series such as Alias, Lost, Fringe, Person of Interest, Castle Rock, Westworld, Lovecraft Country and Little Voice; feature films such as Super 8, Star Wars: The Force Awakens and Star Wars: Rise of Skywalker, the Star Trek, Mission: Impossible and Cloverfield franchises; and interactive content including the mobile app Action Movie FX. In 2018, the company launched Loud Robot, an
Bad Robot is one of the biggest names around when it comes to television and film, and now J.J. Abrams and Katie McGrath s expanding company is branching further into the realm of video games with Bad Robot Games. In that pursuit of growth, Bad Robot Games has raised over $40 million dollars in [.]
Bad Robot Games Announces $40M Series B Raise Toward Games bleedingcool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bleedingcool.com Daily Mail and Mail on Sunday newspapers.
Zenimax. Gearbox. Codemasters. Aspyr Media. New World Interactive. 4A Games. Daybreak. Next Level Games. High Voltage Software. And now Glu Mobile.
Those are just some of the more notable mergers and acquisitions that have taken place in the past few months as the industry re-shapes itself. Some of this is no doubt driven by the pandemic. Companies who have enjoyed banner years are putting their increased earnings to use. At the same time, acquisition targets who may have also thrived (on their own scale) are seeing a chance to sell high and avoid what is still an uncertain future as the pandemic lingers and economies cope with the fallout.
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J.J. Abrams’ production company Bad Robot Productions has formed an in-house studio for developing games within its Bad Robot Games branch, the company announced this week. This studio will aptly be called “Bad Robot Games Studio,” and on top of it already being a part of the company owned by J.J. Abrams, it’ll have other well-known names from the gaming industry filling different positions. An original, AAA game is already in the works within the studio.
The forming of Bad Robot Games was announced back in 2018 when it was decided that Bad Robot Productions would partner with developers to create games after striking a deal with Tencent. This new in-house studio within Bad Robot Games has Michael Booth as the general manager, a veteran developer who’s worked with Valve, Blizzard Entertainment, and other organizations over the years. His most recent position as the director of social VR at Facebook.