Mojiworks, a Guildford start-up that builds games for messaging apps, raises £2.1m
The start-up will use this latest injection of funding to launch QuestFriends, a multiplayer adventure game for Facebook Instant Games, later this year
Mojiworks, a Guildford-based start that builds mobile games for messaging apps, has raised £2.1m in a Series A funding round led by Balderton Capital – which also included Lifeline Ventures and Sunstone Capital.
This fresh injection of funds will enable Mojiworks to launch multiple new games and expand its headquarters from 10 to 25 staff in the next twelve months.
Among impending titles to be released include QuestFriends, a multiplayer adventure game for Facebook Instant Games which will launch later this year.
In QuestFriends, players will undertake quests in an original fantasy world, working together to tackle challenges and sharing in the rewards of their adventure.
The gaming start-up has already brought out two ‘proof of concept’ games, MojiQuest and Moji Bowling, which between them have already attracted 1.5 million downloads.
With more than five billion people worldwide using messaging apps every month (Facebook Messenger has more than 1.3bn monthly users), it’s been suggested that messaging platforms could be the next big platform for video games.
Formed in November 2016 by veteran start-up founders Matthew Wiggins (CEO) and Alan Harding (CTO), the duo previously headed Wonderland Software – which they sold to Zynga in 2011.
Matthew Wiggins, founder and CEO of Mojiworks, said:
“Since starting Mojiworks just twelve months ago, we’ve built a great core team and several proof-of-concept projects that excelled our goals many times over.
“It has confirmed our belief that messaging will be the next huge games opportunity.
“I’m tremendously pleased that, with Balderton’s involvement and continued support from Lifeline and Sunstone, we have a tight team of investors and advisors with a history of building companies that become market leaders through product innovation and cultural excellence.
“This investment will help drive our growth from pioneers in an emerging space to a leading force on the next platform where billions of people will play together.”
Suranga Chandratillake, partner at Balderton Capital, said:
“The games industry is one where, generation after generation, Europe has led the global way, making it a particularly important sector for a European venture capital firm like ours.
“With billions of people already connected in a low-friction, high-engagement environment, we believe that messaging platforms will be the next great game frontier.
“We are particularly excited to have this opportunity to work with Matthew and Al – they are successful, repeat entrepreneurs who have been designing, writing and producing games since they were at school and have already built an incredible team to take on this massive new opportunity.”