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Playtonic Announces Tencent Investment And Major Expansion Plans

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Yooka Laylee
Picture: Playtonic

Playtonic has undergone fast enlargement since its preliminary Kickstarter success with Yooka-Laylee over six years in the past, with a lot of Uncommon veterans on board. It adopted that up with the moderately good Yooka-Laylee and the Unattainable Lair, earlier than delving into publishing final 12 months with Playtonic Buddies – most not too long ago releasing Demon Turf.

The corporate has been extraordinarily busy and appears intent on persevering with its development. It is confirmed as we speak that expertise conglomerate Tencent has acquired a minority stake within the enterprise, with the funding meant to allow Playtonic to scale up its efforts.

The corporate has employed Danny Spiteri (previously of Uncooked Fury and Team17) as Head of Publishing, whereas outlining main plans:

Playtonic will retain full artistic management over its IP and can use the funding to scale from their present one workforce construction to a number of groups, with an emphasis on hiring various expertise from close to and afar, enhancing their HQ, in addition to trying to increase in new areas.

We’ll possible see Playtonic Buddies proceed to ramp up its publishing efforts, whereas the inner groups which have introduced us the Yooka-Laylee titles will increase.

It is attention-grabbing information, and yet one more instance of Tencent broadening its affect by minority stakes in a wide range of gaming corporations.





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