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

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.


Ric is the Editor of, having started out as a Staff Writer on the site back in 2015. He received an honourable mention in both the MCV and Develop 30 Under 30 lists in 2016 and refuses to let anyone forget about it.