Rebellion receives funding from HSBC, opens new HQ
Eight-figure package will help UK firm expand and establish a new office
UK studio Rebellion has received a funding package from HSBC in order to scale up its business and open bigger headquarters.
The eight-figure sum has enabled the outfit to purchase a new HQ in Oxford, which is more than twice the size of its current main office. It'll also support the expansion of the firm's studios in Didcot.
On the development side, Rebellion has used the funding to fuel a new entry into the Sniper series, Sniper Elite 5, which is due to release early 2022. It will also increase investment in its virtual production capabilities.
The exact figure of the funding package was not disclosed.
"HSBC UK has supported the business as we prioritise our wider growth strategy," said Rebellion CEO Jason Kingsley. "The new site in Oxford is a key element of this and will allow us to continue to hire additional staff, as well as providing increased space for our offices and creative studios.
"The funding has also allowed us to remain agile and invest in new technology, as we work within an industry that is constantly evolving. Creativity is at the heart of what we do and the support from HSBC UK has given us the freedom to continue to champion this."
HSBC relation director Roger Mould added: "Rebellion is a major developer in the video game industry and we are pleased to support this global business as it continues to grow. The industry provides ample opportunity for innovative companies such as Rebellion to capitalise on an increase in demand. We look forward to continuing this support as the business goes from strength to strength."