Bayo

PlatinumGames, the studio behind the Bayonetta series, The Wonderful 101, and most recently Astral Chain, has revealed that it has received a capital investment from Chinese tech giant, Tencent.

Regular readers of this site will likely be aware of Tencent thanks to its involvement with Nintendo, for which it's currently handling the Switch's recent launch in China. PlatinumGames has spoken about the new funding on its official site, where the developer's President and CEO Kenichi Sato stresses it'll have "no effect on the independence" of the company. Here's the full statement:

We would like to announce we have received a capital investment from Tencent Holdings Limited as a basis for partnership. This partnership has no effect on the independence of our company, and we will continue operations under our current corporate structure.

We hope to use this capital to strengthen our foundation as a business and expand from game development into exploring self-publishing. We also hope that this partnership can give us a wider global perspective, while still creating high quality games that stay true to our name.

Thank you as always for your continued support. Please look forward to what we have in store.

The studio is currently working on Switch-exclusive Bayonetta 3, as well as Babylon's Fall for other platforms. It recently revealed that it has "several big announcements" to share in early 2020.

[via platinumgames.com, pushsquare.com]