Polish Ten Square Games buys 12% stake in Gamesture studio
Ten Square Games S.A. has increased its stake in Krakow-based producer of mobile games Gamesture from 25% to 37%. Funding worth $2.7 million will help to acquire users for the studio’s flagship titles and to prepare for the launch of a new title on the market.
- Founded in 2011 by Arkadiusz Pernal and Maciej Popowicz, Ten Square Games Group produces mobile games in the free-to-play model. It consists of nearly 500 people working in studios in Wrocław, Warsaw, and Bucharest. The Group’s portfolio includes Fishing Clash, a 3D fishing simulator, Hunting Clash, a realistic hunting simulator, as well as Airline Commander, one of the most recognizable flight simulators, and Wings of Heroes, which premiered globally in October 2022.
- Gamesture is a producer of mobile games with nearly 70 people working in Kraków and Poznań. Launched in 2014, the company is the publisher of three titles: Questland, set in a fantasy world and enabling a turn-based combat system, and Slash & Roll and The Gang, based on the PvP team fight model. Currently, the company is developing new projects in the RPG segment.
- Last year, Gamesture launched the Gang, and in December 2021 Slash&Roll was released. Now the studio is working on a new title, Hero Legacy. The premiere of the game is to take place in the first half of 2023, and a website with graphics and an introduction to the game world is already available.
“Increased involvement of Ten Square Games allows us to focus on the development of our existing games, work on a new title and allows us to increase our marketing efforts. The transaction is an expression of trust and faith on the part of Ten Square Games in the business potential of our studio,”Tomasz Drozdzynski, CEO of Gamesture comments.
- The first share purchase in Gamesture by Ten Square Games was in 2022. The fresh investment aims to ensure long-term diversification of the company’s product portfolio and to support Gamesture in the development of new games and business potential.