FuturLab signs Sony funding deal

UK developer FuturLab has signed a deal with Sony for the console giant to provide development funds for PlayStation Vita titles in 2013.

Under the terms of the new deal, the Brighton-based studio will also retain control over its IP.

FuturLab has previous worked on PlayStation minis title Velocity, which was also part of the PlayStation Mobile launch line-up.

"We’re incredibly excited to be working closely with PlayStation over the next year, bringing our particular brand of twitchy fun to the PS Vita,” said FuturLab MD James Marsden.

“Sony has provided a great package that means we retain full control of our IP, which is a perfect deal for us.”

SCEE senior business development manager Shahid Ahmad added: “We’re particularly pleased to be working with FuturLab to bring new and exciting games to PlayStation Vita. FuturLab has a unique and fun approach to entertainment and we see their games as being a fantastic addition to the ever growing catalogue of PS Vita games.”