Investors and partners in the $3 Million seed round include Sui Foundation, GSR, Big Brain Holdings, Monoceros
NEW YORK — 12 March, 2025 — M10, a next-generation video game developer and publisher creating fresh competitive multiplayer games, reveals a major investment milestone of $3 million in its quest to go beyond the free-to-play (F2P) model. Investors in the seed round include the Sui Foundation, GSR, Big Brain Holdings, Monoceros, Blockchain Founders Fund and Presto Labs, among others.
M10 was founded by a group of game industry veterans including Co-Founder and CEO Maitham Mohamed (Forbes 30 Under 30, Semi-Pro FIFA player), Co-Founder and President Lars Buttler (Co-Founder of Trion Worlds), and Co-Founder and CCO Martin Capel (Game Director at Ubisoft on Assassin’s Creed).
Together, they assembled a top-notch development team for the studio’s unannounced debut title that boasts from industry veterans who lent their talent to various AAA titles, including Assassin’s Creed, Ghost Recon, Rainbow Six, Watch Dogs, Red Dead Redemption 2, Star Wars Outlaws, and GTA V, among countless others.
A strategic partnership alongside the Sui Foundation will enable M10 to create a new gaming business model that goes beyond F2P. The goal is to solve the core problems in F2P, namely hyper-aggressive monetization. By using the new model to end the market stagnation in PC and Console F2P gaming, M10 aims to scale the market significantly further with a new era of games. They are packaging this all in what is a fresh take on the competitive multiplayer shooter, and creating a true F2P model that is accessible to all.
“Our mission at M10 is to solve the core problems in F2P and scale the entire category further.” said Co-Founder and CEO Maitham Mohamed. “We are willing to go much further than other studios to create a truly fun novel shooter experience whilst taking a swing at changing the future of F2P games.”
“Sui is committed to growing the gaming space with innovative blockchain technology geared towards providing players distinctive and immersive experiences,” said Christian Thompson, Managing Director at Sui Foundation. “The M10 team’s impressive backgrounds and the exciting project they’re developing make them a perfect fit for us as long-term partners.”
For more information, visit the official M10 website. To stay up-to-date on the latest news and updates, follow M10 on X (formerly Twitter) and LinkedIn.
About M10
M10 is a next-generation video game developer and publisher creating fresh competitive multiplayer games founded by Maitham Mohamed (Forbes 30u30), Lars Buttler (Co-Founder of Trion Worlds), and Martin Capel (Game Director at Ubisoft on Assassin’s Creed). Alongside industry veterans from AAA titles like Ghost Recon, Watch Dogs, and GTA V. Their unannounced debut title is currently in development.
About Sui
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing user-friendly experiences.
For more information about Sui, please visit https://sui.io.
