Synova Capital invested in Mediatonic.

Growth investor Synova Capital made a significant investment into Mediatonic, a leading global developer and publisher of video games. Synova partnered with Mediatonic to support the continuing growth of the company including investment in strategic partnerships, development of its original games and the support and publishing of niche games by third-party developers. Philip Shapiro, Managing Partner of Synova, commented: “The video games industry is a large and fast growth market, estimated to be £114bn ($149.9bn) in 2018 and larger than both the movie and music sectors combined. Mediatonic is an exceptional platform in this exciting space with a specific focus on the fast growing mobile games market; we are delighted to be partnering with Dave and Paul and look forward to supporting them in delivering the next exciting stage of the Company’s journey.”