Gree wants to invest $10M in free-to-play mobile game studios

Japanese mobile game giant Gree today launched a $10 million investment fund for mobile game developers, with which it is hoping to establish long-term relationships with popular indie studios. The Gree Partners Fund will aim to invest in promising free-to-play mobile games, with Gree's VP of publishing Jim Ying at the helm. Alongside the funding, Gree says it can offer development tools and marketing efforts to help potential teams along. The publisher also plans to lend a hand when it comes to monetization and post-launch operations. The fund is currently only considering applicants from North and South America. Interested parties can sign up at the official website. This isn't the first time that Gree has shown interest in funding free-to-play mobile development. Only months ago it invested $3 million in My Horse studio MunkyFun. The move echoes an initiative by Kongregate last week, to a remarkable degree. Kongregate is also offering $10 million in funding to free-to-play mobile studios.