W3i Launches Recharge Studios with $1m+ Fund for iOS Mobile Gaming Startups


W3i Recharge StudiosW3i has officially launched a new mobile game publishing venture called Recharge Studios, in addition to a $1m (minimum) fund targeted at iOS mobile gaming startups.

“The tech industry is clearly growing in the area of free-to-play mobile/social gaming and Minnesota needs to have to have it’s own dedicated resource in this space,” declares Robert Weber, VP and Co founder of parent company W3i.

As a wholly-owned subsidiary, Recharge Studios is specifically seeking to fund iOS developers/teams with an original game concept or prototype, past development experience, business and marketing plan, commitment to the freemium revenue model and plans for social game mechanics. Compulsion loop, time management or simulation games are types of the gaming sub genres of interest to Recharge, who anticipates the funding of at least 10 new gaming startups — beginning next month.