The company that brought us Pokemon, Pokemon Go and Pokemon-inspired game The Legend of Zelda: Breath of the Wild, has been granted $100 million in funding from investors including SoftBank and Tandem Venture Partners.
The Pokemon X and Y Nintendo and Nintendo 3DS trophies will be produced by Tandem.
The company said in a press release that the funding will enable it to “implement and expand the manufacturing and distribution capabilities” of the company.
“We are excited to bring trophies from Pokemon X, Y, and Pokémon Sun and Moon to our customers,” said Hiroshi Mikura, CEO of Tandem and a member of the board of directors for Pokemon.
“We believe that these new trophies will help fans of our beloved franchises and their children enjoy more of our games, and we hope to expand our global reach and further strengthen our position as a leading provider of digital products.”
The funding round was led by SoftBank, Tandem Ventures, and Capital One.
Tandem is a Tokyo-based private equity firm with an emphasis on technology and entertainment.
Tandem’s investment in Tandem will allow it to continue to grow the business of the Pokemon X/Y and Pokemon Sun and X Nintendo and 3DS trophy makers.
It will also allow Tandem to build a stronger position with the global Nintendo and Pokemon consumer market.
The Pokémon X and Pokemon Y Nintendo & 3DS Trophy makers are currently manufacturing the Pokémon X, Pokemon Y and Pokémon Moon trophy boxes and will be producing the Pokemon Z and Pokemon Moon trophy box.
The next generation Pokemon X trophy box will be released in 2019.
The Pokémon Z trophy box is scheduled to be released early next year.
Testers for the Pokemon Sun & Moon trophy were produced in Japan.
The Tandem trophy maker will produce the Pokémon Z and Pokémon Z & Moon trophies.
Tests will be done in-house in North Carolina, USA, Japan, Australia and Hong Kong.
Testers are expected to be complete by the end of the year.