Double Fine’s Spacebase DF-9 was funded by the largest Indie Fund grant to date, but made up that investment in just two weeks.
Having gone into open alpha last month, Spacebase DF-9 made back Indie Fund’s $400,000 investment in two weeks, with 85% of sales made through Steam Early Access and 15% through Double Fine’s website.
Indie Fund which it described the unusually high funding amount as an “experiment” in funding larger projects as its usual range is between $50,000 and $100,000.
This amount was sourced from several controbutors; Indie Fund’s own coffers supplied $75,000, with the remainder made up by Humble Bundle, Hemisphere Games, make all, AppAbove Games, Adam Saltsman, The Behemoth, Morgan Webb and Rob Reid.
“This is an important milestone for us because the success of this experiment opens the door for us to support more projects of this magnitude in the future. To be clear, this won’t affect the number of smaller projects we fund. Our bottleneck has always been finding promising projects to invest in, not lack of funds,” the organisation said.
“It also provides an encouraging data point about bringing together larger groups of people to support larger projects, and we are mulling over what this might mean for the future of Indie Fund.”
Spacebase DF-9 is the first of two Double Fine projects to be backed by the Indie Fund. Other recent Indie Fund announces include Fract and Kachina. Other successful projects include and The Swapper, Dear Esther, Monaco and Q.U.B.E., all of which rapidly became profitable for the investment group.