Reforged Studios secures €25.43 million investment, marking major step for the Malta-based video game industry

Reforged Studios, a Malta-headquartered video gaming company, has secured significant international investment in a development that continues to showcase the growing strength and global relevance of the local ecosystem.

Reforged Studios has announced an initial €25.43 million growth investment from MEP Capital Management, a New York-based private investment firm specialising in media and entertainment. Besides representing a major milestone for the company, the investment represents a significant moment for Malta’s video game development landscape, particularly as the country continues to build its profile as a base for high-value digital and creative industries.

Reforged Studios is a Malta-headquartered video gaming IP and publishing platform focused on acquiring, enhancing and extending the lifecycle of proven video game properties. Its portfolio includes internationally successful titles like Bridge Constructor, Pumpkin Jack, and Super Meat Boy 3D. The portfolio was also further strengthened through the company’s recent acquisition of Headup, an acclaimed German publisher and developer.

The newly secured investment will support Reforged Studios’ next phase of growth, allowing it to continue expanding its acquisition strategy while strengthening its operational infrastructure. There are also plans to pursue further studio and IP partnerships across Europe and beyond.

Peter van der Watt, CEO of Reforged Studios, described the investment as an important step in strengthening the company’s ability to support more studios and creators internationally. Mr van der Watt also pointed to Malta as a jurisdiction that has offered the right conditions for long-term growth.

“Reforged is building a long-term home for exceptional games and the teams behind them. Our focus is not just on acquisition, but on creating a platform that expands the reach of great IP. MEP’s deep understanding of media and rights-based businesses makes it a natural partner as we scale this strategy. This investment strengthens our ability to move quickly and support more studios and creators globally. Being based in Malta has been a genuine advantage – the jurisdiction offers the right ecosystem environment, a forward-thinking government, and a clear long-term vision for where it wants its digital economy to go. That alignment matters when you are building something with a multi-decade horizon.”

GamingMalta CEO Ivan Filletti said the investment sends a strong signal about the opportunities Malta can offer internationally ambitious gaming companies.

“This investment shows the ambitions set out in Vision 2050 coming to life. The national strategy is clear: Malta must transition towards a high-value, knowledge-driven economy. The gaming industry – in its broadest sense – is one of the most exciting vehicles for achieving that. Reforged Studios is exactly the kind of company that embodies this vision. It’s internationally ambitious, IP-focused, and is attracting serious capital from global markets. We look forward to continuing to support their growth and to building on this momentum across the wider gaming ecosystem.”

The deal also comes at a time when Malta is continuing to invest in the conditions needed to attract and retain technology and digital entertainment companies. The gaming sector is expected to play an important role in creating skilled employment, attracting investment, and expanding Malta’s international economic footprint.

With government policy increasingly focused on the development of future-facing industries, Minister for the Economy, Enterprise and Strategic Projects, described the deal as the kind of result Malta Vision 2050 is designed to generate.

“When we took the first steps to establish video game development as a new economic niche back in 2019, we knew we were laying the groundwork for something significant. Today, we are seeing those efforts pay off. Reforged Studios’ success in securing this major investment from New York based MEP Capital Management proves that our local ecosystem is now strong enough to support global leaders. At the heart of Malta Vision 2050 is a commitment to our people, ensuring our youth have access to world-class careers right here at home. This investment directly translates into high-quality jobs, advanced skills, and sustainable economic growth for our country.”

Jameson Latko of MEP Capital Management also highlighted the company’s confidence in Reforged’s long-term strategy and its understanding of the gaming ecosystem.

“We see strong, enduring value in video game IP and publishing rights, particularly where there is a clear strategy to build upon existing success. Reforged combines disciplined acquisition with a genuine understanding of the gaming ecosystem, and we are excited to support their vision as they expand their platform.”

The scale of this investment reflects a level of business activity that is set to see the local ecosystem continue its growth trajectory, as studios operating from Malta keep attracting serious international attention.

With this investment in place, Reforged Studios enters its next phase with stronger backing behind it and a clearer signal of confidence in what can be built from Malta.