Los Angeles-based Xsolla, an e-commerce platform for video game publishing and distribution, has announced the launch of a $30 million royalty investment fund for indies. "The fund will reduce capital risk with quarterly royalty dividends from a diverse portfolio of games. With this unique business model that leverages the critical combination of Xsolla's industry access, global reach, technology infrastructure, and deep market expertise, Xsolla Capital grants unparalleled opportunities to drive creativity and success within this untapped market," the company said in a statement.
In addition to helping independent developers with capital to complete their games, Xsolla is focused on providing them with tools for user acquisition, payment solutions, game store building and management and fraud protection.
"I am so pleased to launch Xsolla Capital as I have always been passionate about the gaming industry and finding ways to help smaller, independent game developers and publishers succeed," said Aleksandr Agapitov, CEO and founder of Xsolla and Partner in Xsolla Capital. "By partnering with Xsolla Capital, independent developers will have the capital to finish their potentially industry-changing titles, and reaching diverse gaming audiences. In turn, investors will gain from the video games' successes and grow this niche within the lucrative industry as a whole."
To apply for funding, or simply to find out more information, developers can check out the official website here.