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Stratosphere Games announces a new investment round led by Riot Games, 1Up Ventures and Skycatcher. The cross-platform developer and online publisher also receives a grant from the German Games Fund.
The funds generated a total of more than 3 million euros – which, strangely enough, is in fact the same amount in USD. Stratosphere Games will use the money to develop a cooperative looter shooter called Desolation.
“We share Stratosphere’s approach to developing games with and for the players,” Jake Perlman-Garr of Riot Games Investment said in a statement to GamesBeat. “Riot Games believes in the power of communities and so does Stratosphere.”
The post-apocalyptic sci-fi schlooter is designed from the ground up as a cross-platform title. Desolation will feature a shooter mechanic that will hopefully bridge the experience gap between different platforms.
Stratosphere is counting on Desolation to pave the way for the company’s future. It wants to use the upcoming title to develop a fully cross-platform IP. The hope is that it will complete its transformation into a major developer and publisher of live games and living worlds. As a first step, Stratosphere Games has up to 67 employees with more than 22 nationalities.
The company expects to increase that number to 100 employees by the end of 2023.
This company-wide transformation begins this fall, with the official release of Home World Mobile for android. Gearbox Interactive publishes Homeworld Mobile with support from Stratosphere Games.
Dawn of the Ages follows the Homeworld Mobile and will be released in the fall of 2022. The mobile strategy game will launch in Early Access. Stratosphere publishes the release entirely in-house.
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