Journey developer Thatgamecompany announced that it has received $7 million in capital for the development of its next game via investment partners.
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The company Capital Today, along with other investors, have supplied the funding required for the studio to move on to the next phase of its current project, which is so far unannounced. Thatgamecompany revealed the investment news on its website via a blog post.
"We are proud to share the news today that our studio has entered the next phase of development on our upcoming project and has raised an additional $7 million in funding. We are happy to partner with Capital Today and a team of other investors who share our vision in making meaningful interactive experiences that inspire, connect, and emotionally touch the hearts of players around the world."
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The developers say that the funding allows them to increase the efforts being put into the new title, which will be in a similar vein to their previous works. Development has been ongoing since Journey's release, but they can't announce any more details for the time being
"With this new investment, our studio is able to scale up development efforts to focus on making the best game possible in the same spirit as flOw, Flower, and Journey. We'll also begin laying the infrastructure to self-publish, market, and distribute on our own terms for this next project and beyond.
"Since finishing Journey, the team has been hard at work to make an emotionally engaging experience centered around human connections for players of all ages and backgrounds. We're eager to share more information with everyone as we get further into development. Until then, a big thanks to everyone for your patience and ongoing support."