Eutechnyx Gets £1.8m in Funding from UK Government

November 1, 2011 -

UK racing game developer Eutechnyx has managed to secure £1.8 million from the UK government. The studio says that it will use the money to create up to 190 new jobs at the company. The firm's plan is to create a publishing operation for its new online racing game Auto Club Revolution, currently in closed beta and scheduled for release in 2012.

"We are exceptionally pleased that the Government has appreciated the unique opportunity that Auto Club Revolution presents in the world of online games," said Darren Jobling, Eutechnyx COO.

"This investment will allow us to continue recruiting the cream of the development and publishing talent from around the world to join the team, and to really push forward with an innovative and genre-changing online product."

The cash injections Regional Growth Fund, and is added to the £6 million already raised for the game from Prime Ventures and the North East Accelerator Fund.

"The Government is investing in companies and projects to help them grow and create the jobs we need," added Creative Industries Minister Ed Vaizey. "Auto Club Revolution is an exciting project that promises to add to the UK's highly successful video games sector."

Source: GI.biz


 
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Big PermBlazers w/ t-shirts trigger me. This madness must be stopped08/04/2015 - 10:36am
PHX Corphttps://twitter.com/JimSterling Jim Sterling's commentary of the Xbox Gamescom event08/04/2015 - 9:34am
Big PermI'm talking about not being able to fully disable telemetry unless you have Enterprise software. It's just creepy to me08/04/2015 - 9:31am
TechnogeekBig Perm: If you're talking about the image I think you are, then no, not really. The claims it makes are, at best, extremely misleading in many instances.08/04/2015 - 9:28am
E. Zachary KnightBig Perm, That would make logical sense, so of course YouTube would not allow you to set your subscription page as the home page.08/04/2015 - 9:14am
Big PermBy the way. Anyone else kind of spooked by Microsofts data collection that's being reported about Win10? Thinking of finally trying a linux box for general use and Windows for gaming only08/04/2015 - 8:59am
Big PermCan you set youtube to load subs instead of recommendations first?08/04/2015 - 8:54am
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IvresseIronpatriot: I think it's fair to say that even anti-gamergaters want you to just shut the hell up...08/04/2015 - 7:27am
Sora-Chan@Andrew Eisen: A tip for when it comes to clicking people's video recommendations, use Incognito/Private Mode.that'll keep those kinds of recommendations off the radar. =P08/04/2015 - 5:37am
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Andrew EisenNo worries. Yeah, it's the pits. It's like "How many times do I have to tell you I'm not interested in this producer's work before you stop recommending his videos to me?!"08/04/2015 - 2:53am
MattsworknameAndrew: Sorry man, youtubes recomendations system is really crappy08/04/2015 - 2:49am
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