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Tencent Acquires Stake In Payload Studios

British developers Payload Studios have announced that Tencent have acquired a minority equity stake in their company.

Founded in late 2013, the studio is most famous for its award winning sandbox title TerraTech.

Russell Clarke, Co-founder and CEO of Payload Studios, said in a press release:

“This investment is a huge milestone for Payload Studios. It represents a major validation for the team, and everything we have achieved in the past seven years with TerraTech. With the strength and reach of Tencent backing us, we can scale our capability and ambition to levels we had only dreamed of until now – taking the TerraTech IP to new places and opening up entirely new possibilities.

Look out for a major announcement later this year about what’s coming next from Payload!”

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