Matthew Wiggins of Mojiworks
The firm, which develops games for Facebook messenger and iMessage, has closed a Series A funding round led by Balderton Capital.
Mojiworks, the start-up dedicated to creating games for the world’s fast-growing chat and messaging platforms, has raised £2.1m in funding led by Balderton Capital, Europe’s largest early stage venture capital investor.
Balderton was joined in the fundraising by Lifeline Ventures and Sunstone Capital, and all three have proven track records of successful investments in other platform-leading games companies, including Wooga, Supercell and Seriously.
The funding will enable the Mojiworks team to launch multiple new game projects and expand their Guildford headquarters from 10 to 25 staff in the next 12 months.
With more than five billion people worldwide using messaging apps every month, messaging is set to become the next big platform for games, and Mojiworks is at the forefront of messaging games development.
Formed in November 2016 by veteran start-up founders Matthew Wiggins (CEO) and Alan Harding (CTO), Mojiworks develops and self-publishes multiplayer HTML5 games that users can play directly from their favourite messaging apps.
The latest funding will enable Mojiworks to develop additional game projects across a variety of other genres, and experiment with new types of game interactions made possible by the technology and the communities that are connected by messaging apps.
Wiggins, founder and CEO, said: “Since starting Mojiworks just 12 months ago, we’ve built a great core team and several proof-of-concept projects that excelled our goals many times over. It has confirmed our belief that messaging will be the next huge games opportunity.
“I’m tremendously pleased that, with Balderton’s involvement and continued support from Lifeline and Sunstone, we have a tight team of investors and advisors with a history of building companies that become market leaders through product innovation and cultural excellence.
“This investment will help drive our growth from pioneers in an emerging space to a leading force on the next platform where billions of people will play together.”
Suranga Chandratillake, partner at Balderton Capital, added: "The games industry is one where, generation after generation, Europe has led the global way, making it a particularly important sector for a European venture capital firm like ours.
“With billions of people already connected in a low-friction, high-engagement environment, we believe that messaging platforms will be the next great game frontier.
“We are particularly excited to have this opportunity to work with Matthew and Al - they are successful, repeat entrepreneurs who have been designing, writing and producing games since they were at school and have already built an incredible team to take on this massive new opportunity."
The three venture capital backers of Mojiworks’ fundraising have several major successes already under their belts. Balderton’s past investments include Wooga, NaturalMotion and Big Fish while Lifeline Ventures was an early investor in Supercell, and Sunstone Capital was an early backer of Seriously.
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