Swedish games development studio NAG Studios has received $1 million (£765,565) in investment through a pre-seed round.
The round was led London Venture Partners, an early-stage fund that has invested in Supercell, Unity, and Playfish.
With the capital, NAG Studios plans to add games developers to its ranks to “alter the course of competitive gaming & esports” and “build a role model studio in both development culture and brand.”
Are Mack Growen, General Partner at London Ventures Partners, spoke on the decision: “Competitive multiplayer games are the backbone of the modern, online gaming industry, and have pushed games into mainstream culture as the dominant media form.