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Core tablet game developer Industrial Toys raises $5 million

Accel Partners leads the charge

Core tablet game developer Industrial Toys raises $5 million
By Jon Jordan
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US tablet-focused developer Industrial Toys has raised $5 million in its first funding round.

Accel Partners, which was an early investor in Rovio and Supercell and also currently has a stake in German developer Flaregames, was the lead investor.

Formed by Alex Seropian, a co-founder of Halo developer Bungie, Industrial Toys is currently preparing for the beta testing stage of its core tablet sci-fi shooter Midnight Star.

And there's more

Pointing to the opportunity arising for core games on tablets, Accel Partners' Vas Natarajan commented, "The opportunity to 'activate' core gamers is even bigger [than casual or mid-core], the content just hasn't been there.

"Alex and team are developing for the gamers who've largely been underserved in this push to mobile."

You can find out more about Midnight Star via its website.

Jon Jordan
Jon Jordan
A Pocket Gamer co-founder, Jon can turn his hand to anything except hand turning. He is editor-at-large at PG.biz which means he can arrive anywhere in the world, acting like a slightly confused uncle looking for the way out. He likes letters, cameras, imaginary numbers and legumes.