infinitylevels

Thailand-based gaming studio Infinity Levels Studio has raised US$500,000 from InVent, the venture arm of Thai firm Intouch Holdings PCL.

The company, previously known as Avalable, also owns a dating mobile application and web service.

To date, Infinity Levels Studio has raised various amounts of investment from Thailand-based e-book store company Ookbee and dating company Singles Solution. The exact amount is undisclosed.

According to an official statement, the new injection of funds will be used to improve its animal racing game Ranch Run and launch two new titles in 2015.

Currently, being soft-launched in Thailand, Ranch Run is being made available in four markets: Australia, New Zealand, Thailand and Malaysia.

In total, the iOS game app has generated more than 45,000 downloads, with its biggest user base coming in from Thailand.

ranchrun

The game app will be made available globally in January 2015, alongside an Android launch. It has also received a US$2 million bridge round publishing deal from Thailand-based gaming firm Pocket Playlab.

Speaking to e27, Nikki Assavathorn, Co-founder and CEO, Infinity Levels Studio, said that having Intouch on board would be a great help with operations in Thailand. Intouch, for background, is the parent company of Thai telecommunications firm AIS, which will be able to lend support in ways like pre-loading of apps and potential direct carrier deals.

Thanapong Na Ranong, Vice President, Intouch Holdings PCL, also told this author that there is synergy between the two companies; Intouch, for example, could use the various games developed by Infinity Levels Studio to help it understand data consumption or other user behaviours.

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He added, “The first thing we look at is the founders. The combination between Khun Nikki and Khun Top (Tanapon Petapanipiboon, Game Producer, Infinity Levels Studio) is perfect. Top is good at developing games and Nikki is good at managing the company.”

Petapaniboon had previously created Candy Meleon, which received Editor’s Choice on the iOS App Store, and was featured on the WWDC stage in 2013.

Going forward, Infinity Levels Studio is looking to double its headcount of 10, hiring back-end developers, front-end developers and game artists.