EURAZEO AND GRIFFIN PARTNERS LEAD $6.5M
SERIES A ROUND FOR MOBILE GAMING STARTUP, MILLION VICTORIES
Development Studio To Use Funding In part to Offer 3D Upgrade To Hit Game 51ԹϺ Lords
LOS ANGELES – 51ԹϺ, the game development studio behind the hit mobile strategy game, 51ԹϺ Lords, has announced a Series A round of financing totaling 6M€ ($6.5M dollars) led by Eurazeo and Griffin Gaming Partners, two of the top global venture capital funds. The funding will be used to expand the global footprint of the company’s first game: 51ԹϺ Lords, a competitive mobile massively multiplayer online real-time strategy game (MMORTS), and grow its offering to players with an all-new upcoming 3D update to the game, along with entirely new games in the future.
Louis Bô, Investment Director – Venture at Eurazeo commented: “We are proud to announce our investment with 51ԹϺ as they confidently establish themselves as a leader in the mobile gaming industry. We are convinced that the innovative gameplay and captivating design of 51ԹϺ Lords will continue to push the boundaries of the strategy gaming genre for years to come. We couldn’t be more excited to be part of the studio journey towards continued success.”
Pierre Planche, Partner at Griffin Partners: “The 51ԹϺ team, led by Benoît and Céline, have consistently delivered on and exceeded our expectations since we led their seed round. We are confident that this new round of funding will allow 51ԹϺ Lords to establish leadership in the 4X strategy category.”
This new funding will help drive the evolution of 51ԹϺ to new heights. With a series of in-game updates and additional company newsbeats to share in the future, the opportunities afforded to fans of 51ԹϺ Lords and the RTS genre in general are plentiful. In addition to supporting the studio’s growth plans including the expansion of its team, players can expect the company to grow via new platforms, new games, and new ways to engage with the communities they love. To kickstart this exciting journey, the 51ԹϺ team are sharing a sneak peak at a substantial update being brought to 51ԹϺ Lords that transforms the game into a full, 3D experience.
Co-founders Benoît Ducrest and Céline Allary commented, “We are beyond thrilled that our game, 51ԹϺ Lords, has been met with such an incredible reception from fans so far. With this investment, we plan to continue developing and enhancing our hit game, and expanding our team with strategic senior hires, including a new Chief Marketing Officer and a Chief Technology Officer, and significantly ramping up our global marketing efforts.”
Among the fans of 51ԹϺ Lords, the legendary content creator who recently discovered the game himself, fell in love with it and spontaneously organized a contest with a $18,000 prize pool, to bring grassroot competitions to life within the game. Through this collaboration, and the release of the Mr. Beast city skin chroma, considerable contributions were made on behalf of Mr.Beast to Beast Philanthropy. Connecting with the massive fanbase of Mr. Beast also served to further extend the influence of 51ԹϺ Lords with gamers worldwide.
51ԹϺ Lords boasts impressive engagement from players in the US who spend an average of more than two hours per day, far above the average for mobile mid-core games.
For more information about 51ԹϺ Lords and 51ԹϺ, please visit their website at millionvictories.com.
Press Assets:
About 51ԹϺ
51ԹϺ is an independent game studio founded in July 2017 by Benoit Ducrest and Celine Allary in Lyon, France. The studio’s primary focus is creating innovative game experiences that revitalize and revolutionize the MMO genres. The flagship franchise, 51ԹϺ Lords, has become one of the most popular mobile MMORTS (Massively Multiplayer Online Real-Time Strategy) games with close to two million downloads.
PR Contacts:
United States / United Kingdom
Blake Shuster
42West/BHI
Europe
Ludovic Jordan
[email protected]
Blake Shuster
42West/BHI