Overwolf Launches a $50 Million Creator Fund To Support Mod Authors, In-Game App Creators, and Game Studios.
The Overwolf Creator Fund is a first-of-its-kind fund solely dedicated to building the ecosystem for community-created experiences in gaming.
Overwolf, the all-in-one platform that enables creators to build, distribute, and monetize in-game apps and mods, today announced the launch of the Overwolf Creator Fund, a $50 million fund solely dedicated to community-created experiences in gaming. The new fund will support the work and projects of in-game app creators, mod authors, as well as game studios who plan to integrate mods into new titles.
Overwolf believes that community-created experiences are key to extending the longevity and engagement of games and is supported by “in-game creators,” a term Overwolf coined to categorize this new generation of in-game app creators and mod authors. Beyond financial support, in-game creators who receive funding will also gain access to mentorship, acceleration, and marketing services.
In addition to providing support for in-game creators, the new fund will also make investments in studios creating new games that will incorporate community-created mods into their titles. Investments may also be deployed to the community of in-game creators for these studios, in order to establish a strong two-sided marketplace. Recently, Overwolf announced CurseForge Core, which allows game studios to integrate open-source SDKs and plugins to let players discover and install mods in-game, across all platforms and storefronts. In addition to capital, portfolio studios will have early access to CurseForge Core which will enable them to easily integrate mods safely and seamlessly into their new games.
“Everyone wins with community-created experiences. Gamers get in-game apps and mods that make gameplay more exciting; the creators of these in-game apps and mods can turn their passion into a profession, earning a sustainable income for their creations; and game studios enhance their games by outsourcing content creation to talented and passionate gamers, maximizing shelf life and engagement,” commented Overwolf CEO and Co-founder, Uri Marchand. “Simply put, community-created experiences are becoming a critical part of gaming, and developers will need to harness its power to thrive in the next era of games. We are thrilled to be able to support both sides of the marketplace, in-game creators and games studios, by launching a new $50M fund that will lay the groundwork for a new era of participating in AAA game creation.”
Stray Bombay, a cooperative games studio led by Chet Faliszek, is the first studio to receive funding from the Overwolf Creator Fund. The studio will integrate CurseForge Core into its first game title The Anacrusis, a four-player, co-op first-person shooter designed from the ground up to be both a play and social space, scheduled to launch in Q4.
“We are excited to work with Overwolf as they share our vision for user-generated content. They understand the importance of integrating player-created mods, maps, and cosmetics in The Anacrusis. For us, it’s about much more than just adding content to the game—it’s about empowering creators to become involved with the development of the games they love,” commented Chet Faliszek.