Leamington's Lighthouse Games secures funding from leading tech firm Tencent
Global tech firm Tencent has made a large but unspecified investment in Warwickshire video game developer Lighthouse Games, which was formed in March by former Playground Games studio head and co-founder Gavin Raeburn.
The new Royal Leamington Spa company aims to become one of the UK's biggest video game publishers, and had already attracted 30 "industry heavyweights" at launch to work on "an unannounced new IP".
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"People should be looking at Lighthouse expecting that we will be producing something highly polished and technologically ambitious. That’s exactly our ambition, and the heritage of our team makes that possible," promised Gavin.
The CEO told industry platform GamesIndustry.biz that "an investment of this scale allows us to grow our team and prove the vision for our game and remain completely independent, whilst still leveraging the skills and experience of one of the world’s largest video game publishers."
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He added: "This new beginning also enables us to build our game from the ground up, with no legacy tech or architecture to work around."