"Pokemon Go" received funding Google, Nintendo and The Pokemon company.
Reportedly, Niantic revealed that the company has received $20M upfront funding for theupcoming "Pokemon Go" game, and could receive an additional $10M when "upon achieving certain milestones," Gamespot reported.
"The Pokémon Company, Google and Nintendo are incredible investors and strategic partners to help build the next chapter for Niantic. We will be using this capital to continue the development of Pokémon GO, to evolve and grow Ingress and its thriving global community and to build out our real-world gaming platform," Niantic, Inc. CEO John Hanke said.
While Google's VP of Corporate Development, Don Harrison, added that they're "excited to continue supporting the team on their journey," according to Tech Crunch.
HNGN added that the funding "Pokemon Go" received has helped Nintendo increased 4% into 22,845 yen which has been the highest since Sept. 14, according to Bloomberg.
As for "Pokemon Go" release date, the game developers haven't provided any detailed information about the game yet, but it has already been confirmed that the game will arrive in 2016.
"2016 marks the 20th year since Pokémon was born. It's going to be a very meaningful year for me, and I am really excited to be able to participate in this project. I hope everyone will also be excited for 'Pokémon GO, Game Freak director Junichi Masuda revealed as quoted by Youth Health Magazine.
Meanwhile, a report from PC Advisor pointed out that "Pokemon Go" release date is slated for Nov. 20, 2016.
When it comes out it, "'Pokemon Go' will be an augmented reality game in which player can catch and trade Pokemons with other players. It will be available on Android and IOS devices for free, and could include in-app purchases," Headlines and Global News reported.
The game also features a physical accessories called "Pokemon Go Plus" that allows its players to capture Pokemon and battle against other "Pokemon Go" players by simply pressing a button on the device.
