Ares Interactive secured $70 million in a Series A round led by General Catalyst, described by the company as “one of the largest early‑stage investments in a game company in recent years.” The funding will support Ares’ vision to build a next‑generation, cross‑platform, free‑to‑play game company.
The San Francisco‑Berlin studio uses AI‑enabled development, marketing and live‑ops workflows that “allow their teams to iterate faster, scale content efficiently, and respond to player feedback in real time.” Ares is currently developing Baseball Hits 26, a title “designed by baseball fans for baseball fans, featuring officially licensed professional baseball players.” The studio previously released the roguelike RPG Heroes vs Hordes, which has surpassed 13 million installs.
“This round validates our vision, our approach, and the team behind it,” said Ares Interactive president Mike DeLaet. “Ares Interactive brings together rare operating experience and the discipline to build for the long term, as our leadership team has a long history of developing, scaling, and operating hit free‑to‑play games for some of the most successful publishers in the industry. In a market where many companies are pulling back, this financing gives us the ability to lean in, grow thoughtfully with exceptional partners, and invest in building games we have always wanted to make, creating experiences and communities that will keep players coming back for years to come.”
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GamesIndustry.biz