GEM Capital invested in three studios with a total of $5 million
The investment group GEM Capital announced new deals. This time, it has backed three Cyprus-based studios: Weappy, VEA Games, and Game Garden.
Hollywood Animal
The total investment amount is $5 million. GEM Capital did not disclose how the money was allocated among the studios.
- Founded in 2015, the studio Weappy is known for the series This Is the Police. It will use the funds from GEM Capital to develop and publish the Hollywood simulator Hollywood Animal.
- VEA Games, a studio opened in 2017, mainly focuses on tools for Unreal Engine. It is currently working on an unannounced platformer for PC and consoles.
- Game Garden is a mobile gaming studio operating since 2009. Recently, it has soft-launched the merge-game Florescence. The GEM Capital investment will be used to prepare for the global release of this project.
