The time to invest in small teams engaged in mobile development has not gone away. French startup Million Victories has raised $1.4 million to develop its game.
This is reported with reference to the developers themselves PocketGamer.biz . There is no information about who exactly acted as investors at the initial seed round.
The money raised will be used to increase the team, which today has only 14 people, as well as for marketing support for the game, whose global release is scheduled for September this year.
Million Lords is a mobile strategy. It was created as a casual 4X alternative for the midcore audience. The developers believe that their CA will be cheaper than hardcore fans of 4X strategies.
Now the project is in the framework of an open beta test and its audience already numbers 100 thousand people. It is reported that the ROI is already almost positive, ARPDAU is $0.50, and the retention of the first day is 35%.
Also on the topic: