Preston game developer Soccer Manager scores a £1m investment
Preston-based football games developer, Soccer Manager, has received a £1m investment from Mercia Technologies.
The cash will be used to promote their latest title, Soccer Manager 2015, which was launched last month. It will also support the game’s translation for Chinese, Japanese and Korean markets.
Soccer Manager Worlds was founded in 2004, is currently played in 39 languages and has had 10m registrations.
Mark Payton, chief executive officer of Warwickshire-based Mercia Technologies, said:
“Soccer Manager is a scalable business that addresses the global and expanding market for soccer-based gaming, which has an estimated value of more than $100bn worldwide and an annual compound growth rate of 8%.
“The founders of Soccer Manager have been developing the business for the past nine years and are clearly passionate about two things: soccer and technology. We are delighted to be working with them as they move to the next stage of product development with their most recently launched title, Soccer Manager 2015.”
The investment from Mercia forms a direct cash injection into an “emerging star” from its third party fund run by its subsidiary Mercia Fund Management (MFM).
MFM invested a further £300,000 in the developer in September.