Griffin Gaming Partners, a venture capital firm focused on gaming, has led a €12.0 million ($13.5 million) Series A funding round in Paris-based Amplitude Studios, the team behind the Endless universe, with a €10.0 million ($11.3 million) investment.
Also participating in the financing was Bpifrance, a French public investment bank.
Founded in 2011 and acquired by Sega in 2016, Amplitude recently returned to independence, “with its founding team recommitting to the studio’s original vision” and its signature “triple I” approach: indie spirit, innovative design, and immersive storytelling.
The studio, working to scale its vision and reach a broader global audience, will use the funding in support of the development of new titles, including the recently announced Endless Legend 2 in collaboration with publishing partner Hooded Horse.
“The investment will also allow Amplitude to grow its team and double down on community collaboration through its Games2Gether platform, a cornerstone of the studio’s development philosophy,” Griffin said.
“We built Amplitude as an indie studio driven by passion and community,” said CEO Romain de Waubert de Genlis. “What’s exciting about regaining our independence through this partnership with Griffin is that it’s not about changing who we are, it’s about accelerating toward the future we’ve always envisioned. A future where we can fully realize our creative vision and deliver the immersive experiences our players expect.”
Frankie Zhu, partner at Griffin Gaming, lauded Amplitude for creating “rich strategy-based franchises,” adding that the studio is planning “to continue leveraging their depth of knowledge in the genre alongside their loyal community to create engaging universes.”
He also emphasized: “The team has a proven track record of excellence in releasing multiple titles that are both critically acclaimed and loved by their audiences.”
The deal adds to Griffin’s focus on growing “a portfolio of companies building the next generation of genre-defining IP and player-first experiences.” Recently, the firm led a $7 million investment in Fuse Games, an independent mobile game studio based in Istanbul, Turkey.