M10 Secures £2.3 Million to Transform Gaming Experience
In a bold move set to redefine the gaming landscape, M10 has secured a whopping $3 million (£2.3 million) in seed funding, marking a significant step toward the future of competitive multiplayer gaming. This latest investment round saw participation from industry heavyweights such as the Sui Foundation, GSR, and Big Brain Holdings, all eager to propel M10 beyond the conventional free-to-play (F2P) model.
The driving force behind M10 is a powerhouse team comprised of gaming veterans, including Co-Founder and CEO Maitham Mohamed, who has graced Forbes 30 Under 30, and co-founders Lars Buttler and Martin Capel, known for their significant contributions to AAA titles like Assassin’s Creed and Red Dead Redemption 2.
Together, they are assembling a talent pool that will deliver an unannounced debut title designed to captivate gamers and revolutionize the competitive landscape.
With a strategic partnership alongside the Sui Foundation, M10 is on a mission to tackle the inherent issues plaguing the current F2P landscape, particularly the aggressive monetization strategies that have frustrated many players. M10's innovative approach aims to develop a sustainable gaming model that is not only engaging but also accessible to all enthusiasts. As Maitham Mohamed succinctly puts it, “We are willing to go much further than other studios to create a truly fun novel shooter experience whilst taking a swing at changing the future of F2P games.” This ambitious vision, merged with the technological prowess of Sui's blockchain, promises to unlock untapped potential in the gaming industry. For those looking to invest in groundbreaking gaming experiences, M10 stands poised at the forefront of a new era.
Key Terms Explained
- Seed Funding
- An initial sum of money raised by a startup to support early development and market research. This is usually one of the first major investment stages and is essential for supporting growth, product development, and additional rounds of funding.
- Investment Round
- A type of funding where startups seek the financial backing of venture capitalists or private equity investors, usually in exchange for equity. Each round serves a specific purpose and has unique financial targets and investor expectations.
- Free-to-Play (F2P)
- A business model in the gaming industry where users play a game for free and the company makes revenue through advertising or in-game purchases. The financial success of F2P games often relates to their ability to retain and engage large user bases and effectively monetize those players.
Frequently Asked Questions
- What is the amount of seed funding M10 has secured?-M10 has secured $3 million (£2.3 million) in seed funding.
- Who are the investors in M10's latest investment round?+
- Who are the team members behind M10?+
- What is M10's mission in regards to the problems in the current F2P gaming landscape?+
- What model is M10 developing for their gaming platform?+
They've invested in M10
Get to know these Gaming investors
| # | Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|---|
1 |  Sui Foundation | 1 investment(s) investment(s) | more info | |||
2 |  GSR | 1 investment(s) investment(s) | more info | |||
3 |  Big Brain Holdings | 3 investment(s) investment(s) | more info | |||
4 |  Monoceros | 1 investment(s) investment(s) | more info | |||
5 |  Blockchain Founders Fund | 6 investment(s) investment(s) | more info | |||
6 |  Presto Labs | 1 investment(s) investment(s) | more info |
Click here for a full list of 6,908+ startup investors in the UK