Category Archives: squadron 42

Crowdfunded developer of space sim Star Citizen takes on $46M in funding at nearly $500M valuation

The story of the game Star Citizen and Cloud Imperium, the company developing it, is almost too ludicrous to believe: a crowdfunding effort to create a space sim of unparalleled size and realism, raising hundreds of millions, with backers paying thousands for ships and gear in a game that’s years from release. Yet it’s real enough that it just pulled in $42 million in private funding to help bring it closer to release. Star Citizen began as the brainchild of Chris Roberts, architect of the Wing Commander […]

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