Cross-Platform Game Studios

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Playgig Annouced a $10.85m Funding Round for Expansion

'Playgig' is a relatively new game development studio headed by Bruno Schirch. Schirch is a former Riot Games employee who served as the head of esports and global publishing, meaning he has an extensive amount of industry knowledge combined with first-hand experience at one of the largest game developers in the world.

Schirch aims to apply this knowledge to Playgig, while using the recent successful $10.85 million USD in seed funding to expand the company. Schirch wants to transform Playgig into a successful cross-platform publisher with a focus on multiplayer games with competitive aspects. The company's current project and the inaugural game title is 'Mystic Kingdoms,' a team battle game set in a rich fantasy world.

Currently, Playgig employs 40 game developers. The funding will be used to expand this employee base while seeking out specialized talent for the company's goals and aspirations. Mystic Kingdom is expected to enter into a closed alpha state in mid-2023.
Trend Themes
1. Cross-platform Gaming - Opportunity to develop games that can be played on multiple platforms, creating a larger potential user-base.
2. Multiplayer Gaming - Chance to create multiplayer games with competitive aspects, appealing to the growing demand for socially interactive and engaging gameplay experiences.
3. Esports - Opportunity to capitalize on the rapidly-growing esports industry by creating competitive multiplayer games that can be played across platforms.
Industry Implications
1. Gaming - Opportunity for game development studios to expand their offerings and cater to a larger audience by building cross-platform multiplayer games.
2. Tech - Opportunity for tech companies to develop new cross-platform gaming technology to meet the demands of the growing gaming market.
3. Esports - Opportunity for esports organizations to embrace cross-platform multiplayer games to increase viewership and engagement in esports events.

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