The INC Group raised PLN 1.5 million for Punch Punk Games

The Punch Punk Games share issue conducted by the INC Group was a success. In the first tranche, addressed to larger investors, the video game producer acquired over PLN 1.1 million. In turn, in the second tranche of the issue presented on the platform – the studio acquired PLN 375 thousand. The funds from the issue will be allocated to the production of the Moonshine VR game and production support for simulator and VR games. Some part of the amount will be transferred to the department work to hire. Punch Punk Games wants to debut on NewConnect this year.

– On June 3, subscriptions for Punch Punk Games campaigns began as part of the so-called silent round. Only 5 hours were enough for investors to declare subscriptions for the full amount of over PLN 1.1 million, which was the goal of this stage – says Krzysztof Grudziński, president of Punch Punk Games – We are very pleased with the great interest in our company among investors. – he adds.

The company has announced two major premieres this year. The studio’s biggest production will be This is The Zodiac Speaking. Another flagship project of PPG will be the VR Drug Dealer Simulator version, which PC release has already earned over $ 1 million. Next year, Aida will also have its premiere, the script of which was appreciated in the Creative Europe competition. Over the next several months,  already mentioned Moonshine VR, Yacht Mechanic Simulator and Fishing Simulator VR will appear on the market. The Company’s strategy also includes the creation of VR games and simulators on request.

This year, Punch Punk Games wants to debut on the NewConnect market.

– We are ready to join the group of public companies. We hope that the debut on NewConnect will take place in the coming months. We have an interesting offer in the competitive video game market. We strongly believe in VR and we want to participate in the development of this market. We have precise plans and we intend to implement them consistently – adds Krzysztof Grudziński.