Nifty Games™, a New Name in Interactive Entertainment Specializing in Sports Video Games, Receives $3 Million in Seed Round
Founding Investors Include aXiomatic® Gaming and March Capital Partners®
SAN FRANCISCO, Nov. 27, 2018 /PRNewswire/ -- Nifty GamesTM, a brand-new video game publisher announced its initial capital raise today. Founded by gaming industry veterans Jon Middleton and Pete Wanat, Nifty Games has been formed to deliver high quality sports games on mobile and digital platforms for a large global audience, targeting passionate sports fans.
The founding investors include many notable names from the investment, professional sports and gaming communities, including: esports and video game investment leader aXiomatic Gaming and venture capital firms March Capital Partners and Defy.vc.
Nifty Games will focus on head-to-head free to play mobile and digital experiences, presenting a uniquely different gaming experience for sports fans.
Commenting on the formation of Nifty Games, Jon Middleton, Founder & CEO said, "We've built Nifty Games to create innovative sports games for today's sports fans. The talent and experience on the team is second to none, and we believe our unique product direction and focus on quality will deliver a step change in mobile gaming to sports fans worldwide. It's a great vote of confidence to have the support of such highly regarded investors in our initial equity financing. With investment from team owners from all five major North American pro sports leagues, as well as successful game industry leaders and institutional tech investors, we're off to a great start."
"We're excited about Nifty Games' vision for delivering high-quality, sports-based mobile games," said Bruce Stein, Co-Founder and CEO of aXiomatic. "This strategic partnership will combine the Nifty Games team's extensive experience in gaming with our group's expertise in traditional sports, esports and entertainment."
"We're thrilled to invest in Nifty Games as they aim to capture the attention of traditional sports fans who have become disengaged and frustrated with the current state of sports simulations in video games," said Gregory Milken, Managing Director, March Capital Partners. "We see the tremendous value in offering an engaging mobile gaming experience that features short session arcade play along with the sports that players love."
The management team has delivered hugely successful AAA original IP and licensed properties to market, delivering over $1B in revenue.
Additional information is available at: www.nifty.games
About Nifty Games
Nifty Games was founded in 2018 by Jon Middleton and Pete Wanat to produce the best head to head quick play sports games. Nifty is a game producer and live ops publisher devoted to delivering ground breaking sports games on mobile and digital gaming platforms. For more information please see www.nifty.games.
About aXiomatic
aXiomatic powers unforgettable esports experiences through sports and entertainment expertise. The company began operations in November 2015 with a mission to build a portfolio of dynamic company holdings in the esports and video gaming industry. aXiomatic leadership includes Co-Executive Chairmen Peter Guber, Ted Leonsis, Jeff Vinik and Bruce Karsh who together represent an unparalleled team of sports, technology, entertainment and investment industry titans. Through strategic partnerships, investments and acquisitions, the team connects esports groups with valuable resources including venues, technologies, media content, distribution partners and investment capital. In September 2016, aXiomatic acquired controlling interest in one of the world's premier esports brands, Team Liquid. Working with this world championship team has given aXiomatic an authentic perspective into the rapidly-evolving esports audience and industry. In addition to Team Liquid, aXiomatic has made several strategic investments into esports and gaming-related businesses — from analytics and coaching to new gaming experiences. As esports continues its meteoric journey, aXiomatic's goal is to use all of its resources to help create new and rich experiences for audiences and athletes alike. Please see www.axiomaticgaming.com.
About March Capital Partners
March Capital Partners is a Santa Monica-based venture capital firm with one of the largest global funds in Southern California. Founded by industry veterans with over 50 years of investing experience, March Capital is unique in the Southern California market with its active investments in both early and late-stage companies in mobile, enterprise, infrastructure, gaming and other growth industries. The majority of March Capital's investments are with Southern California companies, with targeted positions in innovative global organizations. For more information, see http://www.marchcp.com/.
About Defy.vc
Founded in 2016, Defy is a new venture firm exclusively focused on early Series A, an underserved part of the venture landscape. The firm launched in 2017 after closing its first fund of $151 million. Defy was co-founded by long-term venture capitalists Neil Sequeira and Trae Vassallo, with a goal to invest in entrepreneurs and companies looking to solve complex problems. Defy's focus is to help companies, after seed funding, mature and scale into companies ready for growth capital. The firm's founding team has more than 40 years experience in helping successful entrepreneurs grow companies like The Honest Company, Nest, Elemental, Dropcam and more. For additional information, please visit www.defy.vc
Follow Defy @defyvc on Twitter.
SOURCE Nifty Games
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