thatgamecompany Advances Its Mission to Foster Human Connection Through Interactive Play Experiences with $160M Investment
As Journey celebrates its 10th anniversary and its spiritual successor Sky: Children of the Light
grows, we’re humbled to announce our studio has raised $160 million in funding from investors
TPG and Sequoia. Additionally, we’re thrilled to welcome Pixar co-founder Ed Catmull, who joins
the studio as the principal advisor on creative culture and strategic growth.
Dedicated to creating timeless interactive entertainment that can inspire human connection,
we’re looking to expand our studio so that we can support our incredible fan community and
create new experiences while retaining our core, independent values.
The funding will allow our studio to grow our development team and organization infrastructure
to deepen human connection through gameplay, make technological advancements to enhance
the player experience, and service Sky’s vibrant and growing community of players around the
world—all while retaining the core values thatgamecompany was founded on 15 years ago.
“Our mission is to elevate games as a legitimate form of art,” said Jenova Chen, co-founder and
CEO of thatgamecompany. “We want to see a game that emotionally appeals to people of all
ages, identities and backgrounds within a single experience. Animated feature films have had
genre-defining moments with Snow White and Toy Story, and we will continue working toward
this moment in the gaming world. With the advisory support from legendary Ed Catmull, and the
financial backing from TPG and Sequoia, we are going to double down on thatgamecompany’s
pursuit and continue to push the boundaries between art, human connection and video games.”
With this new round of funding, thatgamecompany is ready to soar to new heights. “Our
audience is outgrowing the company,” Chen said. “Across the world, we have different needs to
fill. And we are also busy working on our next game, which is more like a theme park and is the
most ambitious game I have built.”