Megadev, developer of the single-player experience platform Plitch, announces the completion of its €1.6 million Series A investment round. The round is led by Stuttgart-based early-stage investor Engelhardt Kaupp Kiefer & Co., with participation from existing investors and a group of private investors, including Ritter Sport CEO Andreas Ronken.
The Plitch platform aims to enable a new level of game customization for over 2,500 single-player PC games with its features. Depending on skills and preferences, repetitive, difficult, or even "too easy" game situations can be changed with a click or a self-selected key combination by removing or increasing resources, avatar abilities, or strengthening or weakening enemies. The platform aims to create a win-win situation for both gamers and game publishers/developers, as customization increases the fun factor and thus the playing time and game sales – with a clear distinction between multiplayer and competitive games. The assistant is offered as a subscription model.
Fun on an individual level
For Engelhardt Kaupp Kiefer & Co., Plitch is the second investment in the games industry. The Stuttgart-based early-stage investor was the first investor in ESL GamingThe current investment in Megadev aims to establish Pitch as a global standard for customizing the gaming experience and to further expand the use of trainers and mods for single-player games in order to increase their longevity and optimize the gaming experience for gamers.
"Today, gamers range from schoolchildren to full-time professionals. From a game developer's perspective, it's almost impossible to create the perfect gaming experience for everyone. Plitch overcomes this challenge by unlocking specially programmed game features, thus saving players time, reducing frustration, and increasing enjoyment on an individual basis."
explained Moritz Reck, Analyst at Engelhardt Kaupp Kiefer & Co.
"Like ESL, we see the potential to revolutionize the gaming world at Plitch. We firmly believe that founders Christian C. Jänicke and Robert Maroschik, together with their team, will lead the company into a successful future."
Opportunity for immense growth in an underserved market
“Our focus is on further expanding our Plitch platform, which is already used by hundreds of thousands of gamers.”
supplemented Robert Maroschik, CEO and co-founder of Megadev.
"We see a significant opportunity for immense growth in an underserved market, as our team's combination of technical expertise and understanding of gamers' needs will enable us to expand into new territories and further improve our innovative technology. We are excited that our investors, both old and new, share our vision and will provide us with an infusion of knowledge and extensive expertise that will help us grow and expand internationally."
