Hutch Raises $5.5m in Venture Capital Funding

hot_wheelsHutch, a London and Brighton, UK-based mobile free-to-play gaming studio, raised $5.5m in venture capital funding.

The round was co-led by Index Ventures and Backed VC.

The company intends to use the funds to advance its portfolio of games.

Founded in 2011 and led by Shaun Rutland, CEO, Hutch has launched Hot Wheels: Race Off, which was developed after securing a licensing deal with Mattel.
Released ahead of Christmas 2016, the game has attracted over 14 million players worldwide in less than a month.
Other titles include MMX Racing, Smash Bandits, Smash Cops, etc.

Hutch had received seed financing in 2014, via a round led by Initial Capital.



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