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Manchester’s Steamforged Games receives £5m investment

Steamforged

Manchester-based tabletop games retailer Steamforged Games has received a £5m investment from Foresight Group.

The money will support new product development, improvement of retail channels and help accelerate international growth for the company, which is responsible for tabletop versions of Resident Evil 2, Horizon: Zero Dawn and Dark Souls – Devil May Cry: The Bloody Palace.

Eight additional games are in production or development in the next 24 months. As part of the investment, Ian Livingstone CBE, one of the founding fathers of the UK games industry and co-founder of Games Workshop, will join Steamforged as a non-executive director.

Steamforged was founded in 2014 by Rich Loxam and Mat Hart and has developed a portfolio of games based on both original and licensed IP.

Their first licensed game, based on the hit video game Dark Souls, sold more than 100,000 units globally and has become the preferred tabletop games partner for companies including Bandai Namco, Capcom and Sony.

CEO Loxam said: “Steamforged has grown beyond all of our expectations over the last five years and Foresight’s investment gives us the scope to drive the business forward in the years to come.

“We look forward to working with Foresight and utilising the investment to continue development and extend the reach of our games.”

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