SINGULARITY 6 RAISES $2.5M IN SEED ROUND LED BY LONDON VENTURE PARTNERS TO SUPPORT A NEW ONLINE GAME VISION
LOS ANGELES --Sept. 13, 2018 -- New video game developer Singularity 6 has raised $2.5 million in seed investment from London Venture Partners (LVP), a leading venture capital fund focused on the games space. Singularity 6 will utilize these funds, LVP’s largest single investment to date,to accelerate development of its first product while hiring top talent.
“Our culture is increasingly moving in a direction where technology is redefining work, leisure, community, meaning and belonging,” said Anthony Leung, CEO and co-founder, Singularity 6. “Our goal is to create worlds that offer players experiences that deliver much more than superficial entertainment or wish fulfillment. Imagine games as a primary source of community for players, as meaningful to their lives as a church community or being a part of a sports team. We're looking forward to working with some of the best talent in the industry to help bring this vision to life.”
Singularity 6 was founded by former Riot Games leads Aidan Karabaich and Anthony Leung to pursue a vision to create genre-defining online titles that become a key part of a person’s identity, games that invite players to join compelling virtual worlds with thriving online communities, and with gameplay that drives meaningful social experiences. Development is already underway on the company’s first game, an ambitious combination of community simulation, rewarding game design and deep systems that produce a variety of in-game experiences in beautiful spaces.
“When we met with Singularity 6, we knew right away that we had to be involved,” said David Gardner, OBE, general partner, London Venture Partners. “Their singular vision for the way games are evolving is unlike any other we’ve come across. Our partnership is going to lead to an exciting evolution in the way people play games together.”
The investment marks the largest in an early-stage company to date by London Venture Partners. Over the last eight years, the fund partners have invested in video game developers, technologies and platforms such as Supercell, Playfish, Unity and Natural Motion.
To learn more about the company and its vision, visit https://www.singularity6.com.
ABOUT LONDON VENTURE PARTNERS
LVP is an early stage fund with a valuable difference: its partners are operating experts in the games ecosystem and LVP only invests in the gaming sector. The LVP team has been seed investors in game companies that have created $6.5 billion in value through exits including Supercell, Playfish and NaturalMotion and is an investor in many other great companies including Unity, Futureplay, AppOnboard, Reach Robotics and Polystream. To learn more about LVP, visit http://www.londonvp.com.
ABOUT SINGULARITY 6
Singularity 6 is a game development company based in Los Angeles, California. The company was founded in 2018 by Riot Games veterans Aidan Karabaich and Anthony Leung. Singularity 6 is founded on the principle of intelligent game design and player-first value system, utilizing technology to build online worlds where people not only find entertainment, but also a place where they can feel like they are valued and belong.For more information, please visit https://www.singularity6.com/