Sparx Ventures gets behind Southeast Asian Social Game Developer Sandbox

Bangkok (11 October, 2011) – Sparx Ventures Limited, which provides early-stage venture capital and mentoring for promising, high-growth internet-related businesses in South East Asia, today announced a strategic investment in Social Game Developer, Sandbox Global Limited.

This investment extends Sparx’s strategy of investments in early stage internet-related businesses in South East Asia which have created either a defendable market advantage or are able to duplicate a successful US model in the local context.

Bangkok (11 October, 2011) – Sparx Ventures Limited, which provides early-stage venture capital and mentoring for promising, high-growth internet-related businesses in South East Asia, today announced a strategic investment in Social Game Developer, Sandbox Global Limited.

This investment extends Sparx’s strategy of investments in early stage internet-related businesses in South East Asia which have created either a defendable market advantage or are able to duplicate a successful US model in the local context.

Sandbox Global is a next-generation social gaming developer which aims to redefine the genre by leveraging ideas, innovation and the latest technology. Founded and led by former advertising industry executives, the company’s foundations are built on extensive gaming experience, technical ability, and the creative experience of its founders. The company has a network production model in place in Southeast Asia, with core development activities currently concentrated in Thailand. Sandbox has a number of games currently under development, with the first due to launch in Q1 2012.

“Sparx believes in Sandbox’s ability and vision to deliver quality, innovative games, and we are excited about the prospects for this partnership” said Simon Gerovich, CEO of Sparx Ventures Limited, “As with all our investee companies, we look forward to taking an active role in assisting the company’s expansion through the provision of strategic advice and supporting services.”

“Sandbox sought investment partners that share our vision of building a great gaming company,” said Ferdinand Gutierrez, Founder and CEO of Sandbox Global Limited, “With Sparx’s support, we are now able to concentrate all our efforts on the launch of our first game, the first of many fantastic games to be developed by Sandbox.”

In conjunction with the investment, Sparx will assume a seat on Sandbox Global’s Board of Directors.