Blazing Griffin entertains $6.3m series A
Posted on 08 February, 2017 by Thierry Heles, editor
Scottish Investment Bank has supplied capital to digital entertainment group Blazing Griffin, which will use the money to set up two new development teams.
Blazing Griffin, a UK-based digital entertainment company, has raised £5m ($6.3m) in series A funding led by a range of private investors and matched by Scottish Investment Bank, the investment arm of economic development agency Scottish Enterprise.
Blazing Griffin is developing a range of games and recently announced the production start of its first feature film. The company has both original and licensed intellectual property in its portfolio.
The company also operates a post-production facility in Glasgow, offering remote workflows for both national and international content creators.
The money will drive recruitment – Blazing Griffin hopes to treble its headcount from a current 30 staff and will set up at least two new games development teams. The company will also expand its film output and post-production services.
Kerry Sharp, head of Scottish Investment Bank, said: “Scottish Enterprise has been working with Blazing Griffin for over three years during which we have seen the company go from a fledgling games development studio to a diversified digital entertainment group.
“Following on from our initial investment in February 2015, we are delighted to again support the group’s growth plans and, capitalising on the talented team it continues to build in Scotland, look forward to seeing the company create brilliant content across its games, film and post production portfolio that will be enjoyed by a global audience.”
See more from this Government Report: Scotland
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