Fractured Space Developer Edge Case Games Secures Seasun Games investment to open up Asian Market
£1.75m Investment by Seasun Games and Mercia Technologies will expand global reach of the tactical space MOBA Fractured Space
Guildford, United Kingdom – 05 November 2015 - Edge Case Games, the developer of the tactical space MOBA Fractured Space, today announced it has received a total combined funding of £1.75m from the Chinese games and software company Seasun Games and Midlands-based Mercia Technologies, a premier investor in UK technology. For Mercia Technologies it was the second tranche of a £1.5m investment into Edge Case Games; Seasun Games invested £1m.
James Brooksby, CEO and Co-Founder of Edge Case Games, said: “We are delighted to receive further investment from Mercia, and a £1m investment from Seasun Games will help drive our business forward. The strategic relationship with Seasun Games, and the opportunity to expand into Asia with their support is a game changer for us.” Fractured Space is a tactical space MOBA that was launched on Steam’s “Early Access” platform in November 2014 to critical and commercial success. The launch generated 400,000 users in its first five months and the team is now working towards a full commercial launch in early 2016.
“Our new partnership with Edge Case Games brings an exciting space MOBA into our portfolio. By leveraging Seasun Games' publishing experience we will work with Edge Case Games to bring the studio’s expertise of online space games to phones and tablets, and break into the Asian market”, said Jun Lei, Board Director of Seasun.
“Edge Case Games is the perfect mix of an experienced and dedicated team, strong management and successful initial commercial traction, and we are confident that they will effectively enter the Asian markets and enjoy great success.”, said Mike Hayes, Investment Director and Head of Digital at Mercia Technologies PLC.
“We are rightly proud of the UK’s creative industries, which generate more than £8.8 million every hour of every day for our economy and create countless jobs across the country. It is an exciting time for the sector as it reaches new markets that would have seemed impossible only a decade ago. I am proud of the role UK Trade & Investment has played in supporting Edge Case Games work with China. The deals they’ve announced today demonstrate the real value to be added from creative collaborations and from building relationships with companies across the globe.” said Dr Catherine Raines FRSA, Chief Executive of UK Trade & Investment.
About Edge Case Games Formed in 2014 from the team behind the hit space game, Strike Suit Zero, Edge Case Games brings its expertise and passion for space games to its inaugural title, the tactical space MOBA, Fractured Space. Based in the development hotbed of Guildford, UK, the team is dedicated to expanding the scope and scale of space-based gaming through an open development philosophy that leverages the enthusiasm of the gaming community.
About Fractured Space
Fractured Space is team-based space combat fought in gigantic capital ships with the intensity of a shooter and the big-picture-thinking of a strategy game. Fractured Space is currently available for PC on Steam Early Access and is set for a wider free-to-play release in 2016.
About Seasun Games
Founded in the mid-90s under Kingsoft Group (3888.HK), Seasun Games was one of the pioneers of
the online gaming industry in China. The Company planted its roots in the PC game era, with its first online game debut in 2003. Since then, Seasun Games has become an iconic brand of the martial arts genre with a diverse plethora of game studios and development platforms. It currently runs more than a dozen self-developed online games, including the JX series, which have successfully expanded to Asian markets. It also holds the honor of developing one of the most cutting-edge 3D engines. In a bid to further our endeavors, Seasun Games is currently exploring opportunities in casual games in the mobile game landscape.
About Mercia Technologies PLC
Mercia creates, funds and develops technology businesses nationally with an emphasis in the Midlands, the North and Scotland. It brings technology transfer, company formation, incubation, commercialisation and investment, to technology ventures. Approximately 50% of its investments derive from university spinouts. Mercia invests across key technology sectors in which it has deep expertise.