Tencent's TiMi Studio Group reportedly funded Highguard developer Wildlight Entertainment, according to Game File. Sources claim Tencent subsidiary was the 'lead financial backer' of Wildlight, which formed in 2023. However, the funding details remain unclear, including the duration and scale of TiMi's involvement. Neither Tencent nor Wildlight have publicly addressed the funding, and representatives for both companies declined to comment. Wildlight was founded by former Respawn Entertainment developers in 2023, stating they were 'fully funded' and working on a new IP. Wildlight CEO Dusty Welch emphasized their independence and reluctance to discuss business details. Tencent has a history of investing in Western gaming companies, including Epic Games and Riot Games. This funding news comes after Wildlight laid off an unspecified number of employees, citing a difficult decision to part ways with some team members while retaining a core group of developers. Highguard's mixed reception at launch prompted Wildlight's CEO to express a desire for better reception. The article invites discussion on the potential impact of Tencent's involvement and the studio's strategic approach.
