Pokémon Go creator raises $200 million ahead of Harry Potter game launch

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Pokémon Go creator Niantic has raised a brand new $200 million in investment, reviews The Wall Boulevard Magazine. The Sequence B lift was once led by way of Spark Capital, and contains participation from Founders Fund, Meritech, Javelin Mission Capital, You & Mr. Jones and NetEase, Inc. Spark spouse Megan Quinn could also be becoming a member of Niantic’s board as phase of the brand new financing deal.

Niantic is understood for its augmented truth video games, which started with the multiplayer sci-fi undercover agent game Ingress, created throughout the corporate’s time as an interior startup based inside of Google. In 2015, Niantic spun out as its personal entity, and it introduced Pokémon Go in July, 2016. The Pokémon AR game controlled to draw huge passion at launch, leading to large real-world gatherings of gamers due to its mechanic of incentivizing gamers to transport round in the true international to succeed in in-game good fortune.

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In its Sequence A spherical, Niantic raised $30 million in investment from an investor crew together with Alsop Loui Companions, Google, Nintendo, The Pokémon Corporate, Cyan and Scott Banister and others. Previous this yr, Niantic introduced its first acquisition, of cellular social community developer Evertoon, and it additionally just lately made reputable its intent to construct a cellular AR game in response to Harry Potter.

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Harry Potter: Wizards Unite is due out someday subsequent yr, and will likely be evolved in partnership with Warner Bros. Interactive.