Kwalee Pours €1.5 Million into French Mobile Game Developer 8SEC

Kwalee has revealed a significant investment of €1.5 million in 8SEC, a French mobile game development studio. As part of this strategic move, Kwalee's Chief Financial Officer, Matthew Farrow, and Vice President of Mobile Publishing, John Wright, will take seats on 8SEC's board. Despite this investment, 8SEC will maintain its independence, continuing to operate out of its studios in Paris and Lyon. The studio is known for creating 'hybrid casual' games, a genre characterized by ease of play and long-term engagement, with revenue generated through a combination of advertisements and in-app purchases. Since its founding in 2015, 8SEC has developed and released over 90 titles, including notable games like Trivia.io, Hero Squad, and Idle Army. According to David Darling, CEO of Kwalee, 'We are thrilled to invest in talented studios like 8SEC, enhancing our market presence and collaborating to drive their success further. 8SEC is recognized for its high production quality and has a proven track record of topping global charts. Their mission aligns perfectly with ours – to create the most enjoyable games for players worldwide – and we are excited to support them with our data-driven approach to scaling games globally.'