Aonic, a online game studio collective, introduced right this moment that it’s entered into an settlement to obtain €152 million, or about $160 million in investments from Metric Capital Companions and Energetic Possession. The group plans on placing the funds in direction of additional development, mergers and acquisitions, and its ongoing developments ranging from subsequent yr.
In line with the phrases of the settlement, funding agency Metric Capital Companions contributes €100 million (about $105 million), whereas the remaining €52 million (about $55 million) comes from Energetic Possession, which is certainly one of Aonic’s main shareholders, changing its shareholder mortgage.
Aonic fashioned in 2021 and has since added a number of studios to its roster, together with Otherside Leisure, Megabit, Gravite, Exmox and nDreams. Most lately, its studios Megabit and Otherside revealed in-development title Thick as Thieves at The Recreation Awards 2024. In line with Aonic, its general income has elevated 73% within the final yr.
The corporate describes itself as “a diversified video gaming group… Aonic’s infrastructure consists of gametech providers, work-for hire studios and service agencies which contribute true support. As a result, each studio will profit from cross-team knowledge transfer and can tap resources of Aonic’s support platform as desired.”