UEFN developer Future Trash raises $5m in seed funding

[Cpvr]

Future Trash has raised $5m in its seed round of funding.

As reported by GamesBeat, the firm says the funding will support development of its "flagship IP", FOAD, on UEFN.

FOAD began in 2022 as "an ambitious indie game built in Unreal Engine 5" before, in March 2023, the team began building in UEFN. Today, it boasts around 20m unique players and 1bn minutes of playtime across games like Bomb Tycoon, Respawn Zone Wars, and Boom: Boss Battle.

The funding - led by TIRTA and General Catalyst - will support the development of a further 15 games over the next year. It will also use these funds to boost its social media presence.

"Creating a standalone game is really a blank canvas, whereas there are some limitations in UGC, but we believe limitations foster creativity," said Kevin Marciano, Future Trash CEO.

“UGC platforms provide the infrastructure and tools that typically makes game development long and expensive… As a developer, it allows you to focus on what matters most, the content. The biggest challenge of building original IP in Fortnite is educating the audience that this is a unique world within Fortnite.

"The majority of the current player base is still there for traditional Fortnite, but we are excited to be a leading part of the evolution of the platform and its players to enjoy diverse experiences," Marciano added

source.Gamesindustry

[killamch89]

This is a huge milestone for Future Trash. UEFN's potential for indie developers is pretty amazing, especially considering how quickly FOAD gained traction. It's impressive to see a game reach 20 million players in such a short time plus 15 new games on the horizon? That's ambitious.

[GameOn]

That’s why Future Trash deserves $5m in seed funding. This they demonstrated with FOAD and other games and it  shows that they have the capacity to deliver quality games to the players. Glad to hear they are currently working on 15 new games from what i have heard.

 

[Button]

Future Trash has been growing from the indie focused label to the level with 20 million unique players. This funding will allow them to diversify themselves creatively and further establish themselves within the market.

 

 

[Lens]

The case with UEFN simply got a lot better with Future Trash’s funding. It is true, their emphasis on social media interaction and new game development will increase the platform popularity among gamers.