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Tencent grabs stake in Killsquad developer Novarama

The Spanish studio is currently working on an unannounced, multi-platform MMO.

Chris Kerr, News Editor

March 31, 2022

1 Min Read

Tencent has acquired a stake in Spanish game studio Novarama.

Based in Barcelona, Novarama is currently working on an unannounced, multi-platform MMO.

The company was established in 2003 and worked exclusively with Sony for over a decade on the Invizimals franchise for PSP, PS Vita, and PlayStation 3. More recently, the studio released action-RPG Killsquad on Steam.

Tencent didn't disclose the size of its investment, simply explaining it will "take a stake" in the company under the terms of the investment agreement.

This is the fourth investment Tencent has made in March alone, with the Chinese company having already sunk cash into RiffRaff Games, Tequila Works, and Offworld Industries. It also acquired Inflexion Games and 1C Entertainment back in February.

About the Author

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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