GEM Capital acted as an investor in the Moscow game studio VEA Games and allocated $ 2 million for the development of the game Nikoderiko: The Magical World.
Art by Nikoderiko: The Magical WorldGEM Capital did not provide other details of the transaction.
“As investors, we observe a shortage of high–quality family games on the market with the possibility of cooperative passage and are confident that Nikoderiko: The Magical World can take its rightful place in this niche,” commented Roman Gursky, leader of the GEM Capital gaming direction, on the deal.
The management of VEA Games plans to invest in expanding the development team and speeding up the production process of the game.
“We strive to make Nikoderiko: The Magical World a game that would evoke the same warm emotions in a new generation of players that the Donkey Kong series still evokes in me personally,” Dmitry Smirnov, founder of VEA Games, shared.
Now Nikoderiko: The Magical World is in the active stage of production. The developers call their game a classic platformer. The release date of the game is unknown.
GEM Capital has been an investor more than once this year: in August, it financed the St. Petersburg studio Unfrozen and their project Iratus: Lord of the Dead. In the second quarter of this year, the company invested in the Gameram social network for gamers, launched The Games Fund investment fund and became a partner of the Minsk Weappy studio.
Nikoderiko: The Magical WorldNikoderiko: The Magical World
