SEMISOFT aims to introduce its debut title to all major consoles, from PlayStation 4, Xbox One, to Switch

Indonesian game studio SEMISOFT announced on Thursday that it has raised an undisclosed seed funding round from Discovery Nusantara Capital (DNC).

The Jakarta-based startup has recently finished developing role-playing, Japanese style PC game Legrand Legacy: Tale of the Fatebounds, its debut title which was released on January 24.

It plans to use the new funding to port the title into major consoles such as PlayStation 4, Xbox One, and Switch in addition to developing new titles.

“We value DNC’s wide expertise in the games industry hence this new venture is invaluable to us. This marks a new milestone for SEMISOFT in creating quality games for gamers all over the world,” said SEMISOFT CEO Henry William Winata in a press statement.

DNC is an investment firm operating under China-based Hangzhou Zhexin IT Co., Ltd. (Zhexin IT). In October 2016, it launched a US$10 million fund to invest in the Southeast Asian gaming industry, particularly in Indonesia.

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Apart from being sector-agnostic, DNC said that it does not set a pre-determined amount of investment for each startup.

Some of its portfolio in the Indonesian market includes geek news portal Duniaku.net, and game studios Toge Productions and Arsanesia.

In May 2017, its portfolio company Toge Productions announced its expansion into game publishing. With the aim to help Indonesian indie game developers expand into global market, it offers funding support; technical, art, and design consultancy; as well as marketing and PR strategy.

SEMISOFT is the first investment that the venture capital announced in 2018.

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Image Credit: SEMISOFT

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