Splitgate Developer Secures $100 Million Funding to Stay Independent

splitgate funding

Following the big developer livestream yesterday, 1047 Games took to Twitter to share something big with their first-person arena shooter Splitgate. The news can be considered a reassuring one if you were worried about the game being exclusive to a particular storefront, as it’s announced that 1047 Games, the developer behind Splitgate, has secured a huge $100 million funding for the game’s continued development and the studio continuing to stay independent.

1047 games Ian Proulx expanded on this announcement on Twitter, and you can check out the scope of it below.

splitgate funding

As mentioned, this influx of capital should help the studio stay independent, so for many players who were worried that the game will be scooped up by Epic Games as an exclusive, you can rest easy. At the same time, the message also relays that this $100 million funding should help them hire more developers to grow the game even further, and hopefully this also applies to the planned new-gen versions for PlayStation 5 and Xbox Series consoles.

According to Eurogamer, the companies behind the funding consists of Lightspeed Venture Partners, the lead investor, alongside New York-based global private equity and venture capital firm Insight Partners, Anthos Capital, and earlier seed round investors Galaxy Interactive, VGames, Human Capital, Lakestar, DraperDragon, and Draper University.

What do you think? Is this new influx of funding going to help keep the game relevant for the following years? Is it going to help out in releasing the new-gen versions faster? Let us know in the comments below!

Source: Splitgate Twitter, Eurogamer

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