Klang Games Secures $41M for Seed Virtual Universe, EA Veteran Joins as Co-CEO

Klang Games has secured $41 million in a funding round co-led by Animoca Brands and Kingsway Capital to build the Seed virtual universe.
Image source: klang-games.com

Quick take:

  • Klang Games has completed a $41 million funding round.
  • The company also welcomed Electronic Arts veteran Isabelle Henriques as c-CEO.
  • Klang plans to use the funds to build its virtual universe called Seed.

Klang Games has announced the successful completion of a $41 million funding round led by Animoca Brands and Kingsway Capital. The fundraising also attracted participation from Anthos, Novator, Supercell, Roosh Ventures, AngelHub, and New Life Ventures. The company has now raised close to $80 million to date.

Klang also welcomed a new arrival to its leadership team, with Electronic Arts veteran Isabelle Henriques joining as co-CEO.

Klang is creating Seed, a player-built online universe with artificial intelligence beings. The Berlin, Germany-based company is looking to take massively multiplayer online (MMO) games to the next level.

Seed is a space-based metaverse colony where players write their own destinies and share experiences with AI-driven virtual humans. The game utilizes Improbable’s SpatialOS platform, allowing small teams to develop massive simulations.

“The plan for Seed is to be a continuous, persistent simulation where players are supposed to colonize an alien planet through collaboration, conflict, and player-to-player interaction,” the company said in a statement.

Speaking to VentureBeat’s GamesBeat, Mundi Vondi, CEO of Klang Games said: “This is a really big achievement for us. And we’re super proud and happy to get this level of trust from investors, especially the best in the business.”

The AI-driven humans called Seedlings can be customised to allow players to express their own creativity. The game is currently in the pre-Alpha state, but the company plans to create a gaming ecosystem where people can work together, connect and build lasting communities.

Klang, which currently has a workforce of about 70, is looking to double that number to about 150 in a year’s time. “We are certainly trying to hire very aggressively for the next 12 months or so,” said Vondi.

Yat Siu, co-founder and executive chairman of Animoca Brands commented: “We believe that Klang Games’ combination of design and technical prowess will ensure that Seed is a successful project, and our investment reflects our confidence in the team’s vision.”

Afonso Campos of Kingsway Capital, a London investment firm lauded Seed’s vision, also sparing some special remarks for the Klang Games development team.

“Seed’s technological architecture, specifically its gigantic scale and impressive autonomously performing AI, enables a new type of entertainment for global audiences,” he said.

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