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Fig kicks off $500k funding initiative aimed at late-stage game dev woes

The crowdfunding company Fig has announced a new initiative focused on offering additional support to games successfully funded on the platform. …


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The Ship: Remastered dev Blazing Griffin secures £5M in funding

The Scotland-based production company Blazing Griffin has raised £5 million, roughly $ 6.3 million, from investors to fund two new development teams and effectively triple its staff in the near future. …


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Fig secures $7.84M in funding to ‘accelerate’ crowdfunding platform

The crowdfunding platform has raised $ 7.84 million in funding from a Series A financing round led by venture capital firms Spark Capital and Greycroft. …


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Crowdfunding/Investment Platform Fig Secures More Funding

Fig, the hybrid crowdfunding/investment game-funding platform used by titles like Wasteland 3 (shown), got a shot in the arm today thanks to $ 7.84 million in financing.

Spark Capital and Greycroft led the round, and a Fig spokesperson says that the influx of money will accelerate the number of projects on the platform.

Fig allows fans to back crowdfunded projects in the usual manner as well as buy shares for them for possible monetary return based on sales revenue.

 

Our Take
Does the possibility of a return make you willing to lend more money to a project?

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Wasteland 3 Reaches Funding Goal On Fig In Just Three Days

Three days after Wasteland 3's Fig crowdfunding campaign began, it has reached its goal of $ 2.75 million. While much of that comes from investments, more than $ 600,000 is from backer pledges. 

This post-apocalyptic RPG is the next entry in the series following Wasteland 2, which was also successfully crowdfunded. Wasteland 2 raised more than $ 2.9 million on Kickstarter, far exceeding its funding goal of $ 900,000. It's likely Wasteland 3 will see a similar situation as the campaign remains open for backers to pledge funds for the next month. 

With the funding goal achieved, developer InXile unveiled the project's stretch goals, which go upwards to $ 3.1 million. These include more Ranger customization options, a talking car companion, and a customizable Ranger squad insignia for your team. Additionally, InXile announced Paypal support for the game outside of Fig through Crowdox.

You can click here to view Wasteland 3's Fig campaign. For more on Fig, which is both a crowdfunding and investment platform, read about how it just recently got SEC approved. Take a look at the gameplay trailer for Wasteland 3 here.

 

Our Take
Wasteland 2 actually met its crowdfunding goal on Kickstarter in less time than Wasteland 3, in just two days. However, its funding objective was considerably less since it asked for $ 900,000. While the bulk of Wasteland 3's funding comes from investments, there is still an incredible amount of backer support that is a testament to just how beloved this series is.

www.GameInformer.com – The Feed

Wasteland 3 Reaches Funding Goal On Fig In Just Three Days

Three days after Wasteland 3's Fig crowdfunding campaign began, it has reached its goal of $ 2.75 million. While much of that comes from investments, more than $ 600,000 is from backer pledges. 

This post-apocalyptic RPG is the next entry in the series following Wasteland 2, which was also successfully crowdfunded. Wasteland 2 raised more than $ 2.9 million on Kickstarter, far exceeding its funding goal of $ 900,000. It's likely Wasteland 3 will see a similar situation as the campaign remains open for backers to pledge funds for the next month. 

With the funding goal achieved, developer InXile unveiled the project's stretch goals, which go upwards to $ 3.1 million. These include more Ranger customization options, a talking car companion, and a customizable Ranger squad insignia for your team. Additionally, InXile announced Paypal support for the game outside of Fig through Crowdox.

You can click here to view Wasteland 3's Fig campaign. For more on Fig, which is both a crowdfunding and investment platform, read about how it just recently got SEC approved. Take a look at the gameplay trailer for Wasteland 3 here.

 

Our Take
Wasteland 2 actually met its crowdfunding goal on Kickstarter in less time than Wasteland 3, in just two days. However, its funding objective was considerably less since it asked for $ 900,000. While the bulk of Wasteland 3's funding comes from investments, there is still an incredible amount of backer support that is a testament to just how beloved this series is.

www.GameInformer.com – The Feed

US gov’t re-ups interest in game education funding with $583K for MassDiGI

The US Economic Development Administration has renewed its five-year grant awarded to the MassDiGI program at Becker College in Worcester, Massachusetts. …


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Luckey Refutes Elements Of The Daily Beast Allegations, Admits To Funding Nimble America

After 24 hours of a brewing storm over his funding of an unofficial Donald Trump "shitposting" organization, which has resulted in studios pulling their support for the Rift virtual reality platform, Oculus founder Palmer Luckey has addressed the issue. 

Luckey delivered the following message on Facebook.

I am deeply sorry that my actions are negatively impacting the perception of Oculus and its partners.The recent news stories about me do not accurately represent my views.

Here’s more background: I contributed $ 10,000 to Nimble America because I thought the organization had fresh ideas on how to communicate with young voters through the use of several billboards. I am a libertarian who has publicly supported Ron Paul and Gary Johnson in the past, and I plan on voting for Gary in this election as well.

I am committed to the principles of fair play and equal treatment. I did not write the "NimbleRichMan" posts, nor did I delete the account. Reports that I am a founder or employee of Nimble America are false. I don’t have any plans to donate beyond what I have already given to Nimble America.

Still, my actions were my own and do not represent Oculus. I’m sorry for the impact my actions are having on the community.

In their original post, the authors wrote that, "the 24-year-old told The Daily Beast that he had used the pseudonym 'NimbleRichMan' on Reddit with a password given to him by the organization’s founders." One of the authors, Gideon Resnick, has already taken to Twitter to refute Luckey's denial with screenshots of his email correspondence. 

Other Oculus executives are defending Luckey, with head of content Jason Rubin posting the following message on Facebook:

Our Take
Luckey's statement raises a few questions. First, if Gary Johnson is Luckey's preferred presidential candidate, why would he fund an organization with much closer ties to Donald Trump? Second, why would he conduct the interview with The Daily Beast, where the topics of conversations were directly about his involvement with the pro-Trump organization, and admit to posting under the NimbleRichMan moniker? Third, does the founder of a virtual reality company really consider communicating political messages via roadside billboards as a "fresh idea?"

These are questions that probably won't go away in the coming days. We'll continue to follow the developments throughout the weekend.

www.GameInformer.com – The Feed

Former Blizzard devs form Bonfire Studios, net $25M in funding

Former World of Warcraft frontman Rob Pardo has established Bonfire Studios to “help friends connect through games.” …


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Job Simulator dev nets $5M in funding to keep developing for VR

Owlchemy Labs, that Austin-based studio best known for creating Snuggle Truck and Job Simulator, has now raised $ 5 million from investors to continue developing virtual reality experiences. …


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