Andreessen Horowitz-backed TinyCo uses a good chunk of their recent $18 million funding round to invest in game developers - up to $500,000 per title.
TinyCo, a developer of iOS and Android games, today announced the launch of the TinyFund. TinyFund is a $5 million gaming fund that provides mobile game developers with capital and resources needed to successfully launch their games. Developers around the world are invited to submit their proposals for consideration, and games of all stages of development.
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TinyCo itself has launched five top grossing iOS games including hits Tiny Chef, Tiny Zoo and Tap Resort, which have all appeared on the Top 10 free games charts in the App Store. In total, TinyCo's games have over 20 million downloads and the company got the attention of venture firm Andreessen Horowitz. They led a round of $18 million, TinyCo recently closed.
The TinyFund is designed to provide monetary assistance, of up to $500,000 per title, to game developers creating any type of game played on iPhone, iPad or Android including paid and free titles. In addition, TinyCo will offer marketing, development and business assistance as needed.
Games that are supported through the TinyFund will receive access to TinyCo's large and rapidly growing user base. A specially selected team of TinyCo execs will be reviewing all applications to determine funding and additional support needed to help make the best games possible. TinyCo did not specify what game developers have to give them in return.Watch the video below to learn more about the TinyFund.
The TinyFund is though a great idea for finding new games and also for scouting new talent - a scarce resource in San Francisco.
You can apply here.