The Reach Studios is a gaming studio specializing in the development of console and PC games.
History
2021: €3.5 million investment from My.Games
My.Games Venture Capital, a division of the international gaming brand My.Games, announced on September 2, 2021 that it had invested more than €3.5 million in The Reach Studios, a gaming studio specializing in the development of console and PC games. MY.GAMES and The Reach Studios agreed to cooperate and develop joint projects.
As of September 2021, The Reach Studios is working on an unannounced project - a cooperative shooter with PvE/PvP modes for PCs and consoles.
MY.GAMES has great expertise in games in the genre of "shooter" and relevant to it. Thanks to investments in The Reach Studios, MY.GAMES will expand the range of products for PCs and consoles, as well as strengthen its expertise in the genres of cooperative and PvP shooters.
Investment in The Reach Studios is another step towards the goal of MY.GAMES to soon become one of the largest global players in the industry. The transaction is part of the vector of our strategy for international expansion, and will also help implement our other plans for foreign audiences in the future. We welcome the team in our large ecosystem and will be happy to work on interesting projects in the near future, "commented Elena Grigoryan, Director of Marketing and Advertising at MY.GAMES. |
For us, the search for an investor was important, which not only has sufficient financial capabilities, but also an understanding of the game specifics, product, genre with which we work. We were pleasantly surprised to see in the person of MY.GAMES really understanding, charged for long-term cooperation colleagues who are well versed in the market, trends, and also well understand the needs of the studio. The MGVC team was the first on the list of potential investors to first ask us about our ideas and vision for the future product, not the financial side of the transaction. For us, this was an important indicator that we are dealing with people who not only understand games, but also love what they do. We believe that together we will be able to bring a lot of new things to the co-op shooter genre, in which both we and MY.GAMES have rich expertise, "added Jordi Guerrero, co-founder of The Breach Studios. |
2018: Foundation
The Reach Studios was founded in Barcelona in 2018.