Marvel Snap dev Second Dinner raises $100M investment

08.01.2024 - 17:50 / venturebeat.com

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Second Dinner, the developer behind Marvel Snap, announced today that it has secured $100 million in Series B investment funding led by Griffin Gaming Partners. The studio plans to use the capital to continue to build out its popular mobile card game, while also working on unannounced new titles. The studio remains independent, with Griffin and Netease as minority investors.

Matt Wyble, Second Dinner COO, told GamesBeat in an email interview that part of the investment will go towards the studio’s growth: “We want to make smart, targeted bets that leverage our strengths and give us space to build fresh, innovative games that we love and that we want to share with millions of players. Having the right resources in place allows us to focus on the biggest opportunities without distraction.”

Griffin Gaming Partners led the round of funding. Co-founder and managing director Nick Tuosto told GamesBeat, “We’re super excited about the continued progress of Marvel Snap with all sorts of exciting content and mechanics on the horizon for players. We think the game has only just begun to tap into the global opportunity for this one. Beyond that though, the team’s creative sparks never cease to fly and it’s one of those rare teams that we think can do it again and ship another mega hit.”

Wyble also teased that the studio is working on a few new projects in addition to its continued support of Marvel Snap. “Though details are under wraps for now, the early prototypes are sparking the same level of joy and passion we experienced early on with Snap. We’re fortunate to have a lot of exciting options for what’s next–now it’s all about identifying the most attractive opportunities and making great stuff.”

He added, “In addition, we’re in the early stages of developing a new IP. Worldbuilding, similar to creating fun games, is an iterative art, and we have a small team crafting a universe that captivates us more and more each day. That team is collaborating with a renowned artist to bring our vision to life, and we can’t wait to reveal more about this in the future.”

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