Set up back in July, the new $10 million strong development fund for indie studios StarFund has started pushing out its first investments, with a total of six startups benefiting from around $250,000 each.
The venture which was set up by social gaming specialist CrowdStar and tech incubator YouWeb was launched with the intention of seeking out innovation in the mobile development scene.
It's designed to have a specific focus on supporting indie studios sporting a social gaming bent.
Female focus
According to program lead Jim Mills, the first games developed using the funds will begin appearing in October on both iOS and Android.
"We've had great inbound interest since we announced the fund," he said.
"We are focusing on games that have mass-market appeal and multi-platform game play."
Mills claimed games believed to have 'worldwide appeal' are StarFund's focus, with CrowdStar's own record breaking Top Girl served up as the perfect example of the game StarFund will look to support.
"We look at the likelihood of cross-promoting a developers game within our network, which is more heavily focused on females," Mills added.
Mills added the company was likely to add male-targeted games in the future, while looking for new acquisitions at the upcoming GDC Online show Austin, Texas.
[source: GamesBeat]
News
When Matt was 7 years old he didn't write to Santa like the other little boys and girls. He wrote to Mario. When the rotund plumber replied, Matt's dedication to a life of gaming was established. Like an otaku David Carradine, he wandered the planet until becoming a writer at Pocket Gamer.
Related Articles
Data & Research
Jan 10th, 2017
Is Glu Mobile’s $45 million Crowdstar acquisition already paying off?
News
Nov 4th, 2016
Glu Mobile appoints new CEO and acquires control of Covet: Fashion dev Crowdstar for $45 million
Interview
Dec 29th, 2015
2015 in Review: Covet Fashion's GM Blair Ethington on focusing on real brands and real people, not UA
Top Stories
News
Jun 2nd, 2024
PocketGamer.biz Podcast Week in Mobile Games E14 -Supercell's Squad Busters goes global and why Steam does discoverability better than mobile
News
May 31st, 2024
Week in Views - Squad Busters goes global, broken app stores, and Hill Climb Racing gets the LEGO treatment
News
May 31st, 2024
Mobile Movers: All the latest appointments and job moves from around the industry
Events
Dev Play Conference 2024 | Europe | Jun 3rd |
Games Mental Health Summit 2024 | Europe | Jun 3rd |
Gotland Game Conference 2024 | Nordic | Jun 3rd |
Tribeca Games Festival 2024 | North America | Jun 5th |
Guerrilla Collective 2024 | North America | Jun 6th |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
Angles 24 Freeplay Conference | Australasia | Jun 6th |
PitchYaGame Live 2024 | Jun 7th |