Indie games developer, Fallen Planet, has received £500k investment from the Creative Growth Finance fund.
The Southport studio works on immersive games and experiences for virtual reality and it was one of the world’s first games companies to solely focus on VR.
Its Affected: The Manor title has more than 200m YouTube hits and has recently been rebuilt for the next generation of VR headsets. The new version is described as “not just a collection of routine jump scares, but a series of unfolding events and environments that have been specifically designed to utilize the strengths of Virtual Reality.”
“We’re thrilled to welcome Fallen Planet Studios to the Creative Growth Finance portfolio to support their continued growth and development of their VR games offering,” explained Nick Cavander, Investment Manager, Creative UK.
“Our £500,000 investment will help Fallen Planet build on the success of their original IP as they head towards the next release from their franchise, Affected: The Asylum. This new release will include multi-player functionality, bringing added value and enjoyment for players of this already compelling game narrative.”
Alex Moretti, CEO, Fallen Planet Studios added:
“Fallen Planet Studios is delighted to have received investment from Creative Growth Finance, enabling us to expand on the great work we have done over the past 7 years and deliver even more outstanding VR gaming experiences to players worldwide.
“This investment will be used to build out our original Affected IP and is a testament to the hard work and dedication of our team to date. We’re excited for the future as we continue to innovate within the space and strive to be at the forefront of the VR games market.”
