Nintendo, Pokémon Company Invest $20 Million into Pokémon Go Developer Niantic

After making a splash last month with the announcement of Pokémon Go, Google, Nintendo and The Pokémon Company are showing their dedication to the upcoming mobile game by increasing their funding to developer Niantic, Inc. The two partner companies have invested $30 million into the developer, including $20 million up front to leverage the studio’s work on Pokémon Go and other projects.

Niantic, Inc. will leverage the funding and strategic relationships to continue work on Pokémon GO, support its thriving global Ingress community, scale its platform and bring new games to market.

Pokémon Company CEO Tsunekazu Ishihara believes the investment is a positive step for Pokémon Go, as it marks a new kind of experience in the long-running franchise.

Pokémon’s strategic investment in Niantic paves the way for a social mobile experience the world has never seen before. The Pokémon Company is committed to partnering with companies like Niantic that share the same spirit of community and innovation.

Niantic, which is working on Pokémon Go for a 2016 release, is best known for their augmented reality hit Ingress. Pokémon Go will give mobile players the chance to hunt down and catch Pokémon in real-life locations via the mobile app. Both titles use geo-location services to shape their play experiences.

Pokémon Go will launch on iOS and Android platforms next year, with big shoes to fill following the 13 million downloads of Ingress. It is not however part of the Nintendo-DeNA deal for five mobile games through March 2017.

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Editor-in-Chief (Former)

A man with a plan. My favorite video game franchise is Pokemon, but his favorite video game is Resident Evil 4. I can also tell you trivial cartoon factoids.