Skip to main content

MegaDev’s Plitch Secures Funding!

MegaDev, a German startup, secures a $1.9 million investment via Series A rounding of fundraising. MegaDev is famous for its subscription-based platform that lets esports players train their skills. The platform lets players customize their single player games with cheat codes that let them train and have fun.

Englehardt Kaupp Kiefer & Co, existing investors of MegaDev, initiated the funding along with a pool of private investors. Ritter Sports CEO Andreas Ronken also participated in the fundraising round.

Previously, Englehardt Kaupp Kiefer & Co also invested in ESL Gaming making MegaDev the second game company to receive investment from the firm. The investment is planned to further improve the Plitch platform which basically lets players cheat in several games. The platform provides players with codes to have infinite health, unlock the in-game items, and also infinite ammo.

MegaDev’s Plitch Secures $1.9 Million Investment

MegaDev’s Plitch Secures $1.9 Million Investment

However, MegaDev considers Plitch training software rather a cheating platform.

Players can customize their games to make them more challenging in nature or, on the contrary, easier. Nevertheless, there’s a catch, It’s only works on single-player PC games, and that too offline. It’s aims not to knock out the balance of multiplayer games that is why it works only in offline mode. In this regard, MegaDev also developed its own firewall known as Plitch Gateway to stop cheats from making their way online.

COD Warzone Unplayable Through Cheating - Best Video Gaming News 24/7

COD Warzone Unplayable Through Cheating – Best Video Gaming News 24/7

It’s covers more than 2500 games including the top tier games like Cyberpunk 2077, Hitman 3, Immortals Fenyx Rising, Ever Space 2, Red Dead Redemption 2, and Assassin’s Creed Valhalla. Each game has several codes that users can use to customize and cheat.

Plitch is available on subscription plans; 3 months plan for $7.99, and 12 months plan for $5.99. The plan is already popular among gamers with a whopping 10,000 new registrations every month. MegaDev recently reported that the platform has “several hundred thousand” subscribers.

Reinout te Brake

In a career spanning across 20+ years, Reinout te Brake has raised over 100+ Million Euros in Fundraising for a diversity of companies and has worked with several venture capitals firms. Helping gaming companies expand their brand reach, get the right story telling and make an impact on a global scale. Reinout te Brake has had the honor to counsel some of the major gaming companies operating on a global scale. For the last 12 years, he has devoted his major focus towards the niche of gaming consultancy to provide his insight and expertise to help gaming companies reach outstanding financial and business results.