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Aonic, a video game studio collective, announced today that it’s entered into an agreement to receive €152 million, or about $160 million in investments from Metric Capital Partners and Active Ownership. The group plans on putting the funds towards further growth, mergers and acquisitions, and its ongoing developments starting from next year.
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According to the terms of the agreement, investment firm Metric Capital Partners contributes €100 million (about $105 million), while the remaining €52 million (about $55 million) comes from Active Ownership, which is one of Aonic’s major shareholders, converting its shareholder loan.
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Aonic formed in 2021 and has since added several studios to its roster, including Otherside Entertainment, Megabit, Gravite, Exmox and nDreams. Most recently, its studios Megabit and Otherside revealed in-development title Thick as Thieves at The Game Awards 2024. According to Aonic, its overall revenue has increased 73% in the last year.
The company describes itself as “a diversified video gaming group… Aonic’s infrastructure consists of gametech providers, work-for hire studios and service agencies which contribute true support. As a result, each studio will profit from cross-team knowledge transfer and can tap resources of Aonic’s support platform as desired.”