Montreal’s Execution Labs recently received $6 million Series A funding from Corus Entertainment, BDC Capital, Real Ventures and White Star Capital. The goal was to use the investment to “bolster its support of emerging independent game studios” and “build its brand presence in the market.”
As part of the funding, Execution Labs also restructured its accelerator program into two core programs: the Pre-Production Accelerator and the Finishing Fund. Today, Execution Labs officially announced the first five game developers to be part of its winter Pre-Production Accelerator (PPA) program.
Three of the studios are from Canada (Cardboard Utopia, Nine Dots, Outerminds), while one arrives from Romania (Sand Sailor) and the other from Slovenia (PouPou). The teams will be working on prototype games for PC, console, and mobile devices and there is a mix of free-to-play games and premium titles.
Execution Labs co-founder Jason Della Rocca said, “We’ve always considered Execution Labs to be platform, business model, and geographically agnostic. Our goal is to have a huge variety of thriving XL alumni studios all over the world.”
