- Soccerverse believes the investment will transform its operations and advance its mission
Football simulator Soccerverse has raised £2.5 million ($3.1 million) following a strategic investment led by publisher Square Enix.
Early investor Hiro Capital also participated in the round, bringing the company’s total funding to date to $4 million.
The company said it would use the investment to prepare the title for launch and create a more “feature-rich experience”, as well as accelerate its growth.
A game-changing investment
Currently in beta, Soccerverse is a free-to-play football management title built on the blockchain. The studio said its mission is to “transform the football management genre into a truly immersive and community-driven experience”.
It faces competition from titles like Sports Interactive’s Football Manager series, and Nordeus’ Top Eleven IP.
“We are thrilled to partner with a global games company of Square Enix’s reputation as we drive innovation and excellence in our game,” said Soccerverse’s CEO Andy Gore.
“This investment will allow us to attain new levels of quality and to reach a global audience,”
Square Enix general manager of investment and business development Hideaki Uehara added: “Soccerverse stands out as the most innovative and unique game using blockchain features in the genre. We’re eager to continue our journey with it, now from the perspective of investors as well as fans.”
