Co-creator of Halo raises $5 Million to Launch His New Mobile Game

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Alex Seropian, co-creator of Halo, has focused on developing mobile games for core gamers. He founded the indie studio Industrial Toys which recently managed to land $5 million dollars in venture capital funding from Accel Partners. The funds are supposed to help the studio launch its mobile game Midnight Star.

This is not the first time that Accel Partners have shown interest in the mobile games market. They previously invested in Angry Birds developer Rovio, as well as in Supercell, the studio behind Clash of Clans. Now Accel Partners is hoping to have found their next lucrative investment in Industrial Toys's free-to-play game Midnight Star. Seropian gained notoriety with the Halo serious, which, as of now, has sold over 50 million copies.

In an interview for VentureBeat published on Monday, Seropian that their goal is to create something lasting. According to him, it is quite obvious that core gamers are going to make a move towards mobile games. The game is set for a summer release. It is said to feature music by Serj Tankian, System of a Down's frontman.

Vas Natarajan of Accel Partners said Industrial Toys "have a vision and focus on quality. They made their first product on a scrappy budget, but it is going to be very polished."

Seropian has quite the experience in the video game industry. His is founder of Bungie Studios. He created the company responsible for the Halo franchise back in 1991. Later, he left the company and founded Wideload Games in 2004, which ended up being acquired by Disney in 2009. This landed Seropian a promotion to Disney Interactive vice president and general manager of core games. However, he left in 2012 to form Industrial Toys.

In : Mobile

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