SINGAPORE, Sept 12 (Bernama-BUSINESS WIRE) — MMO and strategy game experts GamePhilos Studio has raised $8 million in seed funding from Xterio Ltd., Animoca Ventures, SevenX Ventures and Chain Hill Capital, with participation from Hashkey Capital, Sanctor Capital, Game7, Bas1s, GSR Markets and GSG Ventures. The studio team is helmed by game industry leaders with years of experience at Netease, Zynga, FunPlus, ByteDance, Longtech, Blizzard Entertainment and other major industry players, and will use the funding to develop and distribute its upcoming mobile and PC strategy game Age of Dino.
“We are thrilled to be partnering with such a proven team of expert strategy game developers, most of whom yield from FunPlus, and have led multi-billion dollar properties,” said Jeremy Horn, COO, Xterio. ”Age of Dino is a flagship title for the Xterio platform that will demonstrate how we successfully launch and operate massive free-to-play PC and mobile games with on-chain assets.”