Bubble Gum Interactive, a Sydney, Australia-based independent developer of children’s online games, has received a $200k investment from the Sydney Angels Sidecar Fund.
Managed by Proto Investment Partners, the fund co-invested an amount alongside angel investor members of Sydney Angels.
The company intends to use the funds to finalize development of “Little Space Heroes” www.littlespaceheroes.com, an original virtual universe for kids and families.
It is expected to be launched worldwide in late 2011.
Founded by industry veterans with extensive experience in game development, children’s entertainment, business planning, production and project management, research and design, licensing, marketing, sales and community management, Bubble Gum Interactive is led by MD and CFO Leigh Harrison and Executive Producer and Technology Director Phil Mason.