Toronto's Massive Damage closes $325k Angel Round
Toronto's Massive Damage announced this morning that they have closed a $325,000 angel round that includes Boston’s Apricot Capital (where Canadian Jennifer Lum is a partner) and Toronto’s Grassfed Capital as well as angels Ty Danco and Shopify CEO, Tobias Lütke.
You may recall that Massive Damage recently launched Please Stay Calm - a location-based zombie survival game - exclusively onto the Canadian iOS App Store. Despite being only available in Canada, players have already killed over 1 million zombies and checked-in on over 120,000 locations with players, on average, playing more than 5 times per day, more than double the industry average.
“We believe location is a powerful context for gaming. People have a strong affinity for their favorite places and our game taps into that real world connection” said Ken Seto, CEO and Co-Founder of Massive Damage, “Our early numbers indicate an extremely high level of engagement from our players, proving the market potential of location-based gaming.”
“Massive Damage has unlocked the key to location-based gaming. Please Stay Calm is an extremely accessible, fun and engaging game that also sits perfectly at the intersection of location, social and mobile” added Tobias Lütke, CEO of Shopify and angel investor, “The team has the passion and talent to build a truly next generation mobile gaming company.”
Founded in November 2010 by veteran app developers Ken Seto and Garry Seto, Massive Damage is focused on building highly addictive, social and immersive location-based mobile games. The Seto Brothers previously founded Endloop Mobile, the studio behind the award winning iPad app, iMockups.
Please Stay Calm is a free game available now for the iPhone and iPod touch via the Canadian App Store and will be launching in the US App Store on October 13th.