The ROKiT Group of Companies has announced the launch of ROKiT Games Limited. This is an investment fund designed to support independent developers of mobile and console games. The size of the fund is $50 million.
One of the ROKiT smartphones
ROKiT is ready to allocate up to $500 thousand for each project.
The developers will need a business plan. The latter will evaluate the management of the foundation, which is headed by Jeremy Benhamou. Jeremy was previously responsible for UI in the series Dead Space, Assassin’s Creed and Call of Duty.
The fund is declared as a business angel for small young startups, which is going to invest money in stages. Separately, it is noted that the investor is focused on the return on equity.
ROKiT is ready not only to finance games. The telecommunications company has a mobile subscription gaming service ROKiT Games. The investor’s future partners may well end up in the latter’s library.
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