Pokemon GO is getting a huge amount of funding from big names

Google, Nintendo, and the Pokemon Company are reportedly pouring money on to Niantic Labs, the developer of Pokemon GO.  Pokemon go the recently announced AR pokemon game made by the company that made Ingress was launched to incredible fanfare in early September of this year. Initial reports said the PR demo video was too good to be true, but reports coming out of the company now cite Google, Nintendo and The Pokemon Company as each pouring at least 10 million dollars each in to the games development. Initial worries that the game was not to be a core property and that it would suffer a quality drop because it was a mobile game, seem to have been silenced by this avalanche of money.

The CEO of Niantic, John Hanke, spoke briefly about where the newly acquired funds would be headed.

“The Pokémon Company, Google and Nintendo are incredible investors and strategic partners to help build the next chapter for Niantic. We will be using this capital to continue the development of Pokémon GO, to evolve and grow Ingress and its thriving global community, and to build out our real-world gaming platform.”

We still know very little about how the new game might work, but Ninite has experience developing AR games in the past, and I for one trust them to not take this IP and damage it. To see what we do know about the game already check out the video below.

Source: Pokemon

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