M10 raises £2.3m in seed funding to develop multiplayer titles and alternative gaming models.
The seed round was supported by backers including Sui Foundation, GSR, Big Brain Holdings, and Monoceros.
M10 is a video game developer and publisher creating competitive multiplayer games. The studio is currently developing its unannounced debut title.
Video game developer and publisher M10 has secured £2.3m in seed funding to support the creation of a new gaming business model and its upcoming competitive multiplayer title. The round drew participation from a range of backers including Sui Foundation, GSR, Big Brain Holdings, and Monoceros.
The capital will assist the studio in its ambition to address monetisation challenges within the free-to-play gaming sector. M10 was established by a team of industry veterans.
From the founder
"Our mission at M10 is to solve the core problems in F2P and scale the entire category further. We are willing to go much further than other studios to create a truly fun novel shooter experience whilst taking a swing at changing the future of F2P games."
Maitham Mohamed
Co-Founder and CEO at M10
Investor perspective
"Sui is committed to growing the gaming space with innovative blockchain technology geared towards providing players distinctive and immersive experiences. The M10 team’s impressive backgrounds and the exciting project they’re developing make them a perfect fit for us as long-term partners."
Christian Thompson
Managing Director, Sui Foundation
Investors
Christian Thompson
Sui Foundation
GSR
Big Brain Holdings
Monoceros
Blockchain Founders Fund
Presto Labs