Super Evil Megacorp raises further $19 million investment

08 August 2017

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A post on Super Evil Megacorp, the developer of mobile esports title Vainglory, revealed that the company has secured an additional $19 million (£14.6m) in investor funding. 

Kristian Segerstale, Super Evil Megacorp

After thanking their ‘awesome investors’ the post read: “At Super Evil Megacorp, we believe the generation growing up with touchscreens as their primary gaming platform deserve the same quality and depth of play demanded on PCs and consoles — and that mobile-first players are every bit as hungry for great games and worthy of our respect. Like on every other platform, players on mobile will gravitate to uncompromising gameplay, superior graphical performance and believable characters with rich stories.

“We work hard every day to build a studio that can live up to those standards and to be the best home for core gaming talent, filling our “Lair” with master craftspeople creative, passionate and ambitious enough to push the boundaries of the industry.”

The funding comes from previous investors which include CrossCut Ventures, General Catalyst, Initial Capital, Raine Ventures, Signia Venture Partners, and ZhenFund. Overall, the company has raised $63 million (£m) so far. 

Whilst impressive and great to see, the investment in Vainglory and the trust in Super Evil by these investors is no great surprise after the year the title has had. A number of well backed and well supported organisations now have teams such as Echo Fox, Misfits, Cloud9, SK Gaming, Team SoloMid, NRG and Fnatic. 

June 2017 also saw the announcement of a partnership between ESL and Vainglory for comprehensive and continuous broadcasts of the game. London saw the Vainglory Spring Championship which the Esports Insider team attended, and not long before this Lydia Mitrevski had a look at why it’s the flagship mobile esports title

The post on the Super Evil site continued: “With unrivaled control accuracy and an active global esports scene, we feel Vainglory is off to a great start. We’re excited to invest in our upcoming 5v5 game mode and in growing our amazing community. Every day, we’re humbled by the millions of players around the world who log into Vainglory to be part of our journey. We plan to bring Vainglory and future games to even bigger audiences around the world.

“This round of funding also allows us to continue to develop our proprietary, console-grade, multi-platform engine, which is called E.V.I.L. As a studio, we’re obsessed with technology and unleashing beautiful graphics, stunning visual effects and realistic animations at the highest possible frame rates, across the broadest range of platforms. We’re thrilled with what our engine makes possible today, and we’re excited about how much more we can do for Vainglory and beyond in the days ahead.”

Super Evil recently doubled its office space and expanded their teams in San Mateo, California and they’re still on the lookout for a number of new roles to be filled. You can check these here

Esports Insider says: Vainglory is without a doubt the leader in the mobile esports scene. This hefty $19 million investment will enable Super Evil Megacorp to continue its growth as a company, and continue to make the Vainglory bigger and better.