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Future Trash Secures $5M Funding from TIRTA and General Catalyst to Develop Original IP in Fortnite
Sep 30, 2024•over 1 year ago
Contract Type
partnership
Description
Future Trash, a multidisciplinary creative studio, has secured $5M in venture capital funding from TIRTA and General Catalyst. The funding will be used to develop Future Trash's flagship original IP, FOAD, using Fortnite's Unreal Editor (UEFN) tools and ecosystem to create a User-Generated-Content (UGC) native video game franchise.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months