Klang, a Berlin, Germany-based game development and entertainment studio, secured $22.33M in Series B funding.
The round was led by Novator Partners with participation from LEGO Ventures and current investors Northzone, Neoteny, firstminute capital, Makers Fund, and New Life Ventures.
The company, which has raised $37.42M in total funding to date, intends to use the funds for the development of its virtual world.
Founded in 2013 by CEO Mundi Vondi, Klang is an entertainment studio which leverages SEED, an online life-simulator where each player manages multiple characters to explore various forms of media and present deep, meaningful subjects in captivating, easy-to-digest, and entertaining way for all ages.
Set far in the future, players collaborate to rebuild society and create a new home in a world similar to earth. As players go offline, their characters will continue to live their day-to-day lives within the simulation. SEED utilizes Improbable’s SpatialOS, a cloud platform that allows it to simulate a rich and large world.
In addition to the funding, Birgir Ragnarsson joined as Klang’s Chairman of the Board. Prior to this move, Ragnarsson was Chairman of the Board of Directors at CCP Games and currently sits on the board of various companies, including gaming companies Machine Zone, Zwift, and Lockwood Publishing.
FinSMEs
15/08/2019