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PUBG Corp invests $10 million into 1Up Ventures to support indies

PUBG Corporation has sunk $10 million into venture fund 1Up Ventures to help "foster the next generation of game developers."

Chris Kerr, News Editor

August 14, 2020

1 Min Read

PUBG Corporation has sunk $10 million into venture fund 1Up Ventures to help "foster the next generation of game developers."

The PlayerUnknown's Battleground developer said the cash will be used to help the fledgling investment fund support indie studios. 

1Up Ventures was formed at the start of 2019 with the remit of creating a "diverse and inclusive global community of independent game developers." It's current portfolio invoices multiple indie studios including MMO studio Playable Worlds and Wattam developer Funomena. 

"With our investment in 1Up Ventures, PUBG Corporation is looking to foster the next generation of video game developers around the world," said PUBG Corp chief exec C.H. Kim. "A vibrant and diverse indie community benefits the entire industry."

About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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