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SoftBank funds new core-focused mobile startup, Turbo

A new studio in New York City filled with veterans from companies like Square Enix, Riot, Rockstar, and Q Entertainment has just got investment from Puzzle & Dragons' parent.

Christian Nutt, Contributor

March 10, 2014

1 Min Read
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SoftBank Ventures Korea has invested in Turbo, a New York City studio led by Yohei Ishii, a veteran of CCP and Square Enix. Rather than the causal players usually courted by mobile developers, the studio plans to make mobile games for a hardcore audience, Ishii tells Polygon: Turbo is "focusing on creating AAA quality games tailored to the pursuits and expectations of the core gamer, a community that hasn't really been properly embraced in mobile." The studio has also picked up developers of pedigree, including OMGPOP (Draw Something), Riot (League of Legends), Next Level Games (Luigi's Mansion: Dark Moon), and Q Entertainment (Lumines Electronic Symphony). “We’re working with Turbo because they have the seasoned background and visionary ideas to reinvent how games are played," said Daniel Kang at SoftBank Ventures Korea in a statement. Kang also pointed out SoftBank's significant successes in the space -- it bankrolls GungHo Online Entertainment (Puzzle & Dragons) and last year purchased a majority stake in Supercell (Clash of Clans) alongside GungHo. The amount of SoftBank's investment was not disclosed.

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