Manticore Games Raises $100 Million

Manticore Games, the developer of Core, announced the company raised $100 million in Series C financing. The funding was led by XN. SoftBank Vision Fund 2 and LVP, investors Benchmark, Bitkraft’s new Opportunity Fund, Correlation Ventures, and Epic Games have also participated. They will use the money to boost Core's growth.

The investment also marks a major milestone as Core will soon be available for Early Access exclusively on the Epic Games Store on April 15, 2021. The platform now offers more than 20,000 free games, roughly half a million projects started on the platform, and over one million player and Creator accounts globally.

"Core has been growing rapidly and is establishing itself as the best platform for Creators as it offers not just the best game creation and publishing tools but also the best economic opportunities with 50% revenue share," said Frederic Descamps, CEO and co-founder, Manticore Games. "This financing underscores confidence in Manticore’s vision of a Creator-built Multiverse. Core puts the power in Creators’ hands to build an endless arcade of free games for players and they’ve delivered. We are thrilled to have more resources to invest in our Creators, who we see as the engine of our growth, to ultimately build the games Multiverse and the best playground for players. Our Early Access launch on Epic Games Store next month is just the beginning."

"Manticore is building the most compelling, creator-led gaming platform that is setting the global standard for user-generated content. By empowering creators with the best technology, tools and most developer-friendly economic terms in the marketplace, Core offers players a near-endless variety of high-quality, immersive multiplayer games and experiences," said Gaurav Kapadia, Founder of XN. "We are pleased to support founders Frederic Descamp and Jordan Maynard and their best-in-class team at this inflection point in the growth of Manticore’s organization and developer and player communities," added Ravi Paidipaty, Partner at XN.

Learn more here. Don't forget to join our new Telegram channel, our Discord, follow us on Instagram and Twitter, where we are sharing breakdowns, the latest news, awesome artworks, and more.