Home / Android / Pokémon Go developer Niantic raises $200 million in funding

Pokémon Go developer Niantic raises $200 million in funding

A $170 million building up in comparison to Niantic’s Series A funding.

Niantic, the developer at the back of Pokémon Go and the approaching Harry Potter: Wizards United AR video games, has reportedly finished a Series B funding marketing campaign in which it effectively raised $200 million. This newest spherical of funding for the corporate was once supported through Founders Fund, Meritech, You & Mr. Jones, NetEase, Inc., and Javelin Venture Capital.

pokemon go developer niantic raises 200 million in funding - Pokémon Go developer Niantic raises $200 million in funding

Compared to Niantic’s Series A spherical of funding in 2015 that raised $30 million for the developer, it is a large win. That cash was once raised in a while after Niantic first introduced Pokémon Go, and this newest announcement for its Series B income comes not up to a month after its newest mission was once unveiled – Harry Potter: Wizards Unite.

Harry Potter: Wizards Unite might be every other augmented truth sport very similar to Pokémon Go, however as you’ll be expecting, takes position in J.Ok. Rowling’s Wizarding World with monsters, spells, witches, and extra.

Niantic is partnering with Warner Brothers Interactive Entertainment and WB Games for its Harry Potter name, and whilst actual main points at the sport are nonetheless slightly murky, we would not be stunned if it has a equivalent affect at the global as Pokémon Go did in 2016.

Pokémon Go developer broadcasts Harry Potter: Wizards Unite

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