Choosing a theme, creating a storyline, crafting a setting, defining characters, connecting the parts of the story, designing quests and challenges, all while tackling the technicalities. Developing a game is not an easy job. One loophole in the storyline or a single glitch in the development can pour all game developer efforts down the drain. When it comes to game designing and development, there is a high risk involved. It takes a significant amount of monetary and non-monetary efforts to create one game, and even after such a huge investment, its success is not guaranteed. The high-risk factor makes it a challenge for game developers to acquire an adequate amount of funding, which eventually leads to the loss of a creative idea.
Every day hundreds and thousands of such ideas are lost, and there is no way to bring them back. Addressing this issue is a company, Game Seer Venture Partners. It is a German-based privately-owned funding company that has been set up by avid gamers to support innovating gaming ideas. Founded in 2019 by Mikel and Bertrand, this company operates on the concept of ‘gamers investing back in the industry.’ The venture fund has been exclusively set up for core and indie multiplatform licenses. The company’s prime focus is on PC and console games, with no future plans of investing in virtual or augmented reality games.
Guiding the Talents of Tomorrow on the Path to Successful Releases
Playing video games down in the basement for countless hours made Mikel and Bertrand realize how there was a need for new gaming ideas. It got them thinking about all those game developers who are unable to bring their concepts into the world just because of a lack of funding. The love for gaming united these brilliant minds, which led to the establishment of Game Seer Venture Partners on July 5th, 2019. With this company, Mikel and Bertrand were on their way to change the way the game development industry functions.
The company, at present, is not looking for long-term investments; rather, it is interested in funding individual games projects. Getting financing is an issue for developers at present. Attracting investors is a challenge. Even when an investor shows interest in the idea, they wish to give their own touch to the game, which takes away the element of originality. Firstly, Game Seer eliminates the hustle of finding investments, and secondly, it lets the developers design a game as per their wishes. The company is more about investing in the idea’s uniqueness and does not intervene with the designing phase.
Game Seer started with $11.1 million from the founder in the initial phase. The first game that was funded by the company was “The Waylanders.” It was a game project of Spanish studio Gato Salvaje. Other games the company has funded include Breaking Walls’ AWAY: The Survival Series, Lince Works’ Aragami 2, and several others. The company showed interest in another game, “Sword of the Necromancer,” that is under development by the Grimorio of Games.
In September, the company decided to finance the game fully and raised the total funding to $450,000. It contributed $250,000 to the overall funding, pushing the game into development. The funding by Game Seer led to an announcement by Grimorio of Games that they would be releasing the game by the end of this year.
The Story of Avid Video Gamers
Mikel, the founder, Bertrand, the CEO, and investment partner, were a group of friends that were too much into video gaming. They would spend extended hours in the basement playing video games. They did that for almost a decade until they realized there was a lack of variety in the gaming industry, which was followed by a thought of ideas being lost due to lack of investment. By brainstorming together, they finally came up with a concept where they could eliminate the need for a developer to negotiate with investors. The company, Game Seer Ventures, was founded in 2019, and it changed the way game developers were searching for the right investors, which is no less than a challenge. The right investor is an individual or an organization that does not intervene with a developer’s idea and concept. They invest in the concept with an aim to bring a new game into the market. Game Seer Ventures became the ‘right’ investors for all PC and console game developers. The team has, on multiple occasions, has talked about Game Seer Venture Partners being an attempt to ‘give back to the industry that gave them everything.’ The company continues to invest in out-of-the-box game concepts and ideas, bringing hope to all aspiring game developers with phenomenal ideas unable to acquire the right investors!
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