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Dmitrii Filatov and Grigory Bortnik, who beforehand labored at Pathfinder developer Owlcat Video games, have launched Narwhal Accelerator.
The brand new program will present as much as $100,000 in funding cash to builders in Europe, the MENA, and Latin America. Narwhal may even help studios with reaching out to publishers and traders for a two-to-four-month interval.
Builders will keep full management of their enterprise and improvement decisions. Nevertheless, Narwhal says it expects a small stake in an organization’s shares in return.
Whereas accelerators are commonplace within the IT sector, Filatov famous they are a rarity in video games. The pair need to assist studios with its providers, which cowl “probably the most very important enterprise features, particularly for early-stage firms.”
An extra $100,000 may even be provided to help departments equivalent to authorized, HR, and expertise acquisition.
“The important thing query for us is the staff’s potential to construct a stable enterprise and launch a profitable product,” added Bortnik. “We purpose to persuade traders that our portfolio studios have the potential to develop and turn out to be trade highlights.”
At Owlcat, Bortnik was an funding director, and Filatov was an government producer. Bortnik beforehand dealt with investments for The Video games Fund and MGVC; Filatov additionally previously labored at MGVC and sport fee agency Xsolla.
Presently, Narwhal’s companions embody their former employers. events can apply right here.
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