Klang Games, an innovative game development studio based in Berlin, announced Wednesday the completion of its Series C funding of $41 million, increasing its total funds raised to nearly $80 million.
The funding round was co-led by Animoca Brands and Kingsway Capital, with participation from Anthos, Novator, Supercell, Roosh, AngelHub, and New Life Ventures, Klang Games said in a statement.
This new round of funding will be used to expand the rapid growth of Klang Games in order to accelerate the development of SEED, a persistent, large-scale virtual world.
Specifically, the company will focus on company growth, doubling the current staff size within the next 12 months, from 70 up to 150 people; creating a collaborative and inspiring work environment in the heart of Berlin; further developing and improving the scalable back-end and technical infrastructure of SEED.
“This funding not only gives us the security of knowing that we have the resources for years of development, it also shows us that people believe in our vision, which is the best motivation for us. We are so excited and honored to get this level of trust from investors. It allows us to steam ahead and really pursue the vision of our wildest dreams,” said Mundi Vondi, Chief Executive Officer of Klang Games.
Klang Games GmbH, located in the creative hub of Kreuzberg, is a Berlin-based game studio that is exploring the future of humanity through various forms of media. At the heart of Klang Games is SEED, a large-scale, persistent virtual world that is pushing the boundaries of what constitutes an MMO world by offering a completely player-made universe. By allowing players to fully tailor their virtual world, Klang Games is redefining what it means to play together online.
Set in the new world of Avesta, SEED offers players a platform where they can explore, participate in a player-driven economy, self-govern, and contribute to their community. It is experienced through its artificial intelligence-driven virtual humans, called Seedlings. Seedlings are customizable, allowing for creative player expression, and rely on the active caretaking skills of the players. Currently in the Pre-Alpha state, SEED’s focus is on creating an online space where people can connect, work together, and build strong communities.
Founded in 2013, Klang Games is a diverse, inclusive team of individuals working to create a meaningful game that fosters community building and collaboration. Together with the community, the firm aims to create a game that is not only fun to play but also has a positive impact on the world.
“We believe that Klang Games’ combination of design and technical prowess will ensure that SEED is a successful project, and our investment reflects our confidence in the team’s vision. We are delighted to explore the future of humanity together,” said Yat Siu, Executive Chairman and Co-Founder of Animoca Brands.
Animoca Brands is a renowned Web3 gaming company and prolific investor that develops and publishes a plethora of games, tokens, and other products. With its extensive experience and over 340 investments in companies focusing on the development of Web3 and the open metaverse, Animoca Brands will provide Klang Games with critical support and networking opportunities.
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