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Million Victories, the Lyon-based video game studio, raises 6 million euros.

29 Jun, 2023
Transaction services: 2CFinance conducted financial due diligence of Million Victories.

Lyon-based video game studio Million Victories raises €6 million in Series A financing led by Eurazeo and Griffin Gaming Partners.

Million Lords, the mobile strategy game with 200,000 active players per month

Million Lords is the first multiplayer mobile strategy game from independent studio Million Victories, which exceeded 1.5 million downloads in January 2023. Available on iOS and Android, it's an MMORTS that's enjoyed real success since its launch, and has led to partnerships with some of the world's biggest gamers, such as gaming rockstar MrBeast.

This €6 million round of financing was led by Eurazeo and Griffin Gaming, two major investments in the gaming industry.

Eurazeo Investment Director Louis Bô commented: "We are proud to announce our investment in Million Victories, which is consolidating its position as a leader in the mobile gaming industry. We are convinced that Million Lords' innovative gameplay and captivating design will continue to push the boundaries of the strategy game genre for many years to come. We're thrilled to be part of this journey to continued success."

Financial due diligence is essential when raising funds

Benjamin Bitton, Julien Solyjan and Germain Buquet of 2CFinance's Transaction Services unit carried out the financial due diligence for Million Lords as part of this round of financing.

Germain Buquet, financial consultant, said: "Very good news for MillionVictories, which has brilliantly completed this round, enabling it to continue its strategy of continuous improvement of its game and opening up new international opportunities."

This round of funding will help Million Victories to improve and develop its most popular game, Million Lords. With this round of funding, they hope to offer a more immersive experience and transform the game into a 3D experience.

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