Mojiworks, a leading innovator in mobile gaming development, has successfully raised £2.1m in Series A funding. This strategic move sets the stage for an exciting expansion in the gaming sector.
With this new capital, the Guildford-based company aims to launch multiple innovative projects and expand its workforce, highlighting its commitment to pioneering gaming experiences in messaging apps.
Mojiworks’ Pioneering Vision
Mojiworks, the innovative Guildford-based startup, has successfully secured £2.1m in Series A funding. This notable achievement underscores the company’s forward-thinking approach in developing mobile games for messaging platforms. The investment round was directed by Balderton Capital, aligning with Lifeline Ventures and Sunstone Capital’s strategic participation. This financial boost signifies the potential for Mojiworks to further revolutionise the gaming industry with its unique multiplayer HTML5 games.
Expanding Horizons with New Projects
The significant capital injection will enable Mojiworks to embark on multiple ambitious new gaming projects. This expansion is expected to contribute to both their creative portfolio and their physical infrastructure. The company plans to augment its Guildford headquarters, aiming to increase its workforce from 10 to 25 talented individuals over the upcoming year.
This growth strategy is not merely about numbers; it’s about nurturing innovation. Mojiworks intends to channel this investment into pioneering gaming experiences that leverage messaging apps, platforms considered by the company as the next frontier in gaming.
Leadership and Foundational Strengths
Founded in November 2016, Mojiworks benefits from the visionary leadership of seasoned entrepreneurs Matthew Wiggins and Alan Harding. Their extensive experience in the startup arena has been instrumental in steering the company toward success.
Wiggins, serving as CEO, expressed confidence in their strategy, stating, “Since starting Mojiworks just twelve months ago, we’ve built a great core team and several proof-of-concept projects that excelled our goals many times over.”
These foundational strengths have enabled Mojiworks to establish a solid reputation within the industry, positioning them favourably in a competitive market.
Innovation at the Heart of Mojiworks
Mojiworks’ current gaming portfolio includes popular titles such as MojiQuest and Moji Bowling, which have gained traction on platforms like iMessage. The upcoming release of QuestFriends on Facebook Instant Games is poised to capture further attention.
The company’s ability to self-publish multiplayer games directly on messaging applications highlights its innovative approach. This strategy not only enhances user engagement but also sets Mojiworks apart as a pioneer in integrating gaming with communication platforms.
Support from Strategic Investors
The involvement of Balderton Capital, a leader in early-stage venture investments, alongside Lifeline Ventures and Sunstone Capital, underscores a vote of confidence in Mojiworks’ potential.
These investors are renowned for backing enterprises that aim to become market leaders through technological and cultural innovation. Their support will be pivotal in driving Mojiworks’ ambitious agenda forward.
According to Wiggins, “This investment will help drive our growth from pioneers in an emerging space to a leading force on the next platform where billions of people will play together.”
Future Prospects and Market Position
With the new funding, Mojiworks is set to transform the landscape of mobile gaming within messaging apps. The strategic focus is on developing games that not only entertain but also integrate seamlessly into users’ communication habits.
As Mojiworks builds on its innovative foundations, it positions itself to lead a burgeoning market. The company’s vision is clear: to create gaming experiences that resonate with millions of users globally.
Mojiworks stands at the forefront of gaming innovation, poised to redefine the industry with its creative vision and strategic investments.
As it gears up for substantial growth, the company remains committed to delivering cutting-edge gaming experiences on messaging platforms.