Playerunknown's Battlegrounds maker PUBG Corp has invested $10m in Microsoft vet Ed Fries' new venture capital firm.
As reported by GamesIndustry.biz, the studio has backed 1Up, which was founded by the ex Big M exec last year.
"With our investment in 1Up Ventures, PUBG Corporation is looking to foster the next generation of video game developers around the world," PUBG Corp CEO Chang Han Kim said.
"A vibrant and diverse indie community benefits the entire industry. PUBG grew from a spirit of independence and collaboration, so we are proud to support a fund like 1Up Ventures to help create a sustainable path and environment for the industry-changing games and developers of tomorrow."
Between its launch in March 2017 and July of this year, Playerunknown's Battlegrounds has sold over 70m copies
Comments
Login to to leave a comment Or click here to register
Forgot password?
Password Reset
To reset your pass, please enter your email below and submit. Your new password will then be emailed to you.
You can change this pass at any time on the "edit profile" link when logged in.
Got your password?