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Hot Wheels: Race Off developer Hutch raises $5.5 million in investment

Index Ventures and Backed VC co-lead the round
Hot Wheels: Race Off developer Hutch raises $5.5 million in investment
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London-based mobile games developer Hutch has closed a $5.5 million investment round.

The investment was co-led by Index Ventures and Backed VC and will be used to rapidly grow the company out.

Hutch also revealed that its latest game, Hot Wheels: Race Off, had achieved over 14 million downloads in less than a month after launching.

Dominate the sector

"We founded Hutch on a long term vision that racing on mobile devices had enormous category potential," said Shaun Rutland, CEO of Hutch.

"We built our studio on a thesis that we could dominate the sector, by bringing new, refreshing and compelling entertainment to the genre.

"We’re now firing on all-cylinders, with incredible talent, technology and IP. This investment is testimony to that and will allow us to accelerate our ambitions, whilst also creating a company with strong values and a culture that empowers our people to create leading-edge mobile games."

Hutch is currently hiring for a number of roles. You can find out some tips on how to get a job with the company in our interview with Rutland.