NetEase takes minority stake in Liquid Swords
Chinese firm invests in Swedish indie outfit led by Just Cause director Christofer Sundberg
NetEase has secured a minority stake in Swedish indie developer Liquid Swords, GamesIndustry.biz can confirm.
The Chinese firm has made an investment in the Stockholm-based studio, though the exact figure was not undisclosed.
Liquid Swords was founded in 2020 by Christofer Sundberg, best known as the founder of Avalanche Studios and director of the first Just Cause game. The studio is currently working on its debut project, an unannounced AAA open-world title.
The investment will fuel the development of the title, as well as the Liquid Sword's aims to expand its team and move into a brand-new office space.
"NetEase Games has been exceptionally supportive from the very get-go, believing in our high ambitions and quality-focused approach to game development," Sundberg said. "We are very pleased to have them as our partners on this adventure and with their support, we can begin to realize the vision for our studio."
Simon Zhu, NetEase Games president of global partnerships and investments, added: "We believe in the creativity of Liquid Swords and share their passion for building open-world games and experiences. They have built a strong, experienced team and we are very excited to partner with them as they begin their journey of creating something amazing for gamers worldwide."
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