Bossa Studios raises $10m in series A funding

The London-based BAFTA Award-winning Bossa Studios has raised $10m in Series A investment funding, the company has today announced. The round was led by Atomico, with participation from existing investors London Venture Partners. Atomico co-founder and partner Mattias Ljungman and executive-in-residence Alexis Bonte will also join Bossa’s board as part of the venture.

The studio, whose upcoming game Worlds Adrift will be the first title to be built using Improbable’s SpatialOS technology, will use the funding to help recruit top talent from around the world as it continues to create its genre-defining work. It will also help Bossa Studios define its strategic focus on AI and user-generated content and help the firm prepare for the public launch of Worlds Adrift.

A"tomico’s Mattias Ljungmansaid: At Atomico we take investing in fun seriously. Our recent report on the evolution of the games industry shows that it is now worth over $100bn in annual revenue. While mobile gaming has enjoyed a meteoric rise, we’re now also seeing a renaissance in ground-breaking PC gaming, and in particular in independent PC games studios.

"Worlds Adrift is setting new standards of ambition and creativity, and we’re thrilled to announce we’re leading a $10m Series A investment in the incredible team at Bossa. We’re excited to partner with Bossa’s founders Henrique Olifiers and Imre Jele as they take gamers to new universes. Henrique and Imre have enormous experience in the sector, having previously been integral to the success of Runescape, one of the most popular MMO games in history.”

Henrique Olifiers, co-founder and CEO of Bossa Studios, added: Since first being introduced at Slush thanks to the Games London team, we’ve brought together the dream pair of partners who share our vision for the future: Atomico, Europe’s largest venture fund with operational excellence at their core and LVP, our original investors and advisors.

"Together we’re able to accelerate Bossa’s strategy of creating a new breed of multiplayer games based on crowdsourced content, AI-directed procedural generation, and an open development ethos bringing the community into the fabric of everything we do. There has never been a more exciting time to create games thanks to emerging technologies and platforms, and Bossa intends to be at the very heart of the action, creating popular titles that will capture players’ imaginations for years to come”.