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Ganymede Games brings in $550k in angel investment

Date Type Companies involved Size
November 20th, 2019 investment Ganymede $550m
Ganymede Games brings in $550k in angel investment

New Mexico based studio Ganymede Games has raised over half a million in angel investment.

That's according to GamesIndustry.biz, which reports that the new developer has brought int $550,000 in funding from angels. This cash has come from firms including New Mexico Angels, Arrowhead Innovation Fund and Abenteuer Ventures.

Ganymede was founded by veterans of Wargaming, Riot, Id and Blizzard in February of this year. Right now the studio is working on its first title, with this funding going towards building a demo and internal testing. This $550,000 is on top of $350,000 that the developer has raised from the city of Las Cruces and the state of New Mexico's Local Economic Development Act.

The studio was set up in New Mexico due to tax credits for film, TV and games firms.


Editor - PC Games Insider

Alex Calvin launched PCGamesInsider.biz in August 2017 and has been its editor since. Prior to this, he was deputy editor at UK based games trade paper MCV and content editor for marketing and events for London Games Festival 2017. His work has also appeared in Eurogamer, The Observer, Kotaku UK, Esquire UK and Develop.

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