mod.io, a Melbourne, Australia-based platform connecting game studios with community driven user-generated content (UGC), secured US$26m in Series A funding.
The round was led by Tencent, who joined LEGO Ventures, OIF Ventures and existing investors Makers Fund, Play Ventures, Sequoia Capital India’s Surge and GameTech Ventures.
The company intends to use the funds to further expand operations, its business reach and development efforts.
Led by CEO and Co-Founder Scott Reismanis, mod.io is a user-generated content (UGC) platform for game studios and publishers to grow their creator communities, pioneering the adoption of mods in games spanning PC, console, mobile and VR platforms.
Since its launch in 2019, the platform has been used by more than 80 games including Deep Rock Galactic, Humankind and SnowRunner with 450,000 users accessing the platform daily.