Singapore-based investment firm Inflexion Point Capital has announced a new US$15 million seed fund for independent mobile game developers in Japan.
“We aim to combine the best elements of a business incubator, a venture capital fund and a traditional publisher in order to invest in and support the growth of start-up video game studios,” said IPC COO Alexander de Giorgio. “In essence, we replicate the role of a publisher but provide significant additional benefits without handcuffing the developers with deeply unfavourable financial terms.”
IPC plans to invest US$100,000 to US$500,000 in seed capital per studio. Capcom veteran and Comcept game studio CEO Keiji Inafune has also joined the fund as an advisor.
