Cloud Imperium Games has has raised an additional investment of $17.25 million. The news was announced via the developer’s corporate blog, and lists the existing investors that have contributed additional funds to the running of the company.
The investors include Snoot Entertainment, ITG Investment, and the Calder Family Office, all of which were involved in a private investment of $46 million back in 2018.
This later investment was a one-time option to purchase more shares in Cloud Imperium at a discounted price that was negotiated at the time.
It means the developer of Star Citizen has now raised close to $340 million, thanks to this investment, the previous $46 million and its crowdfunding total.
Having started with a $2.1m Kickstarter campaign in 2012, Star Citizen passed $250 million in public donations just before Christmas.
At the time of writing, this has surpassed $275 million.
Founded in 2012 by Roberts, Cloud Imperium is working on the Star Citizen massively multiplayer online gaming universe, as well as Squadron 42, a single-player campaign set in the universe. The latter is expected to ship in the summer of 2020.
Some gamers and media are skeptical about whether the game will ever ship. In response, CEO Chris Roberts has disclosed how the company has spent its money and built a team of nearly 500, who are delivering updates on a regular schedule.
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