Former Rockstar North boss nets $110M to launch what sounds a lot like a metaverse

Funding Rounds

Summary

The studio did, however, hire a small number of staff to "research" blockchain tech.MindsEye, meanwhile, is billed as a triple-A story-driven title that will explore key societal issues including "increasing inequality, the explosion of artificial intelligence, the rise of military robots and the impending climate crisis." Notably, MindsEye will launch in Everywhere but is described as a "distinct" product by the studio.BARB currently has almost 300 employees working from offices in Scotland, Hungary, and France and claims the cash injection will help it teams build and supports its three flagship products.The investment round was led by private investment firm RedBird Capital Partners with backing from Galaxy Interactive, NetEase Games, and more. "We are excited to partner with RedBird and our other investors to help us launch Everywhere, MindsEye, and what we believe will be game-changing UGC design tools in Arcadia. RedBirds expertise in building successful entertainment and media platforms will be invaluable and makes them a perfect partner," said studio founder Benzies. We believe in a future where game creation is put in the hands of the players, and we will empower them with the tools to help shape this vision with us."

$ Funding

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Amount $110.0M Total raised
Date January 17, 2024 Announcement date
Investors - Lead investors
Company https://buildarocketboy.com Funded company

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