Milky Tea receives Investment from Tencent

This is the full text of Milky Tea's 08/02/2017 press release.


Liverpool, UK – 2nd August 2017 - Milky Tea, an independent game development and animation production studio based in Liverpool, UK, today announced that Tencent Holdings Limited (“Tencent”), a leading integrated Internet services provider in China, has made an investment in the company.


Tencent’s investment came on the back of Milky Tea’s announcement of its brand new game, HyperBrawl Tournament. This is the third IP from the studio which was announced earlier this year. The game is a brutally fast paced and intense sports combat title and has gained considerable interest from the gaming world over the past few months during exhibitions at games trade and consumer events including GDC, E3, EGX and Insomnia.

Milky Tea, best-known for their high quality, bespoke artwork and iconic characters in the world of animation and gaming, has been focusing on developing their own gaming intellectual property for the past three years. With their new partnership in place, Milky Tea plans to further expand their team in Liverpool, scale up the development of HyperBrawl Tournament and develop new PC and console IPs over the coming years.

Milky Tea’s Founder and Managing Director, Jonathan Holmes said, “This partnership marks a turning-point in Milky Tea’s history. The scale of it really hasn't hit home just yet, but we are all really proud to be part of the Tencent family and we couldn’t ask for better partners. Everyone at Tencent has gone above and beyond our expectations to make this happen and from a personal point of view, it’s a dream come true. It allows us as a team to focus on making the kind of high quality games that we’ve always dreamed of making. My ambition is to turn Milky Tea into a mini MTV meets Pixar of the Video Gaming World. The hard work starts now, as we take the studio onto the next level - our best work is definitely yet to come. With Tencent supporting us, it's like the studio just got some rocket fuel!”

Milky Tea is currently working to bring HyperBrawl Tournament, currently in pre-Alpha, to Steam and Nintendo Switch in early 2018. For more information on HyperBrawl, please refer to the Website at: http://hyperbrawl.com.

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