Index Ventures and Backed VC invest in Hutch

Hutch plans on using the funding to implement their business strategy in the mobile games development sector.

Previous funding
Initial Capital backed Hutch in 2014 with seed funding.

Company
Founded in 2011, Hutch is a London-based videogames developer, focusing on smartphone devices and tablets.

It employs 50 people and had revenues of £3.5m in the 12 months to September 2016.

People
Index Ventures – Ben Holmes (venture partner).
Hutch Games – Shaun Rutland (CEO).
Backed VC – Alex Brunicki (founder).

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• Topics
• UK / Ireland
• Expansion
• Consumer
• Index Ventures
• United Kingdom