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Smilegate invests in Absurd Ventures

Date Type Companies involved Size
December 4th, 2024 partnership Smilegate Not disclosed
Smilegate invests in Absurd Ventures

Smilegate has backed Dan Houser's Absurd Ventures with a strategic investment. 

There's no word as to how much this funding would entail, but the Korean games giant will "have the opportunity" to be involved with Absurd Ventures' new IP. 

Smilegate is the company best known for its Crossfire series of shooters as well as working with Amazon on the Lost Ark MMO.

"This collaboration with Smilegate was borne from a mutual respect and a philosophical alignment with founder Kwon, and the great passion he and his team bring to making triple-A games," Houser said. 

"We both want to build interesting worlds and new player experiences."

Smilegate CEO Joonho Sung added: "We are thrilled to collaborate with the developers behind globally renowned series that have millions of fans worldwide. Together with Absurd Ventures, Smilegate aims to deliver games that players across the globe will love. This partnership marks a critical milestone in Smilegate's journey toward becoming a global IP powerhouse."


PCGamesInsider Contributing Editor

Alex Forbes-Calvin is a freelance writer and photographer, mostly operating within the games industry. Over his career, he has written for the likes of MCV, Eurogamer, GamesIndustry.biz, The Observer, VGC and Esquire. That's on top of writing books for Dark Horse on RuneScape, Assassin's Creed, Dead Island 2 and more.