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(Image credit: Sega)
The investment from Emona, “an entrepreneurial investment firm with a global investment mandate,” will in theory at least help make that happen.
“We see a huge opportunity to unleash Relic’s creative potential as an independent studio; the talent, technology, and track record we have built over the years are an amazing starting point for us on this next chapter,” Relic CEO Justin Dowdeswell said. “Emona Capital are aligned with us on our dual strategy of partnering with IP owners and publishers, while also supporting and investing in our existing IP portfolio.”
“Relic is a world-renowned studio, and we are privileged to partner with Justin and the team,” Emona managing director Dominik Dolenec said. “We look forward to supporting Relic’s journey.”
Relic has been around for more than 25 years, during which it’s delivered a number of notable games including the Company of Heroes and Warhammer 40,000: Dawn of War series, Age of Empires 4, and—my favorite of the bunch—the original Homeworld. So I’m glad to see the studio is staying on its feet. But I just can’t shake the feeling that the word “independent” is being used a little fast-and-loose here: Relic is now a portfolio company of Emona Capital, and the studio confirmed that Emona is the majority owner.
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In a statement provided to PC Gamer, a Relic representative said that while Emona is the majority owner of Relic now, “they are looking to us and our expertise in the industry and strategy genre to chart the best course forward. We’re excited for the opportunity to leverage our core competencies and creative talents in the way we see best.”
Emona hasinvestmentsin a couple other game studios including, perhaps a bit ironically, current Homeworld developer Blackbird Interactive, and—recent layoffs at Blackbird aside—it seems to be a case of so far, so good. Hopefully that remains the case for the long term.
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