Postcard Game Studio Secures $3.5 Million Seed Investment from Smilegate
Retrieved on:
Tuesday, March 8, 2022
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In an effort to continue the momentum of expanding in the Western market, Smilegate, the South Korean video game company known for its blockbuster CROSSFIRE franchise and the critically acclaimed hit MMORPG Lost Ark, today announced their $3.5 million seed investment in Postcard Game Studio.
Key Points:
- In an effort to continue the momentum of expanding in the Western market, Smilegate, the South Korean video game company known for its blockbuster CROSSFIRE franchise and the critically acclaimed hit MMORPG Lost Ark, today announced their $3.5 million seed investment in Postcard Game Studio.
- Based in Irvine, California, Postcard Game Studio is a new AAA video game development studio founded by industry veterans that have worked with Sony PlayStation, Microsoft Xbox, Ubisoft, and Electronic Arts.
- Postcard Game Studio is the second Western studio Smilegate has invested in.
- Postcard Game Studio was founded in January 2022 by Ray Almaden, a 17 year game industry veteran, with its seed investment coming from Smilegate, the South Korean game developer, publisher and investor.