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Home COUNTRY ITALY

Second funding round for racing online game developer Interactive Project

bebeezby bebeez
April 25, 2014
Reading Time: 2 mins read
in ITALY, VENTURE CAPITAL
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interactiveprojectItalian start upĀ Interactive Project received its second funding round for 300k euros byĀ LVenture Group, an investment company listed on the Italian Stock Exchange, and byĀ Regione Lazio investment veichle, Finanziaria laziale di sviluppo, Filas (through itsĀ Por Fesr I.3 fund)Ā (download here the ItalianĀ press release).
Both LVenture and Filas funded Interactive Project’s first round too in December 2012. Then they invested 400k euros for a 24 pct stake together with Stefano Pighini, a business angel who is also chairman at LVenture.
Interactive Project is an Italian start upĀ active in the mobile gaming sector. It is aĀ leading developer and publisher of cross-platform and cross-device games about motor-sports.Ā  More in detail, the company developed and launched Ā two versions ofĀ MyGPTeam game which counts more than 50k registred users in the world.
Ā MyGPTeam TurboĀ allowsĀ the casual gamer to start a managerial career in the world of car sports inspired by Formula 1. With MyGPTeam Turbo in just a few minutes the player can choose the circuit and the race strategy and enter a race-room to challenge other online players in short races. Ā MyGPTeam CareerĀ is instread a managerial game for hardcore Formula 1 fans played by more than 60,000 players worldwide. MyGPTeam Career is the perfect game for online players as well as motorsport fans who dream to manage any aspect of a racing team and compete with other real players from all over the world.
Soon will be published a thrid game,Ā OverVolt: crazy slot cars, which allows gamers to run with miniature cars on funny and crazy tracks. This game will be available exclusively on Windows Phone Store and it has been financed Ā with a Ā grant by Microsoft and Nokia as part of the program AppCampus.

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