Tencent buys stake in Yooka-Laylee studio Playtonic

Yooka-Laylee

Yooka-Laylee is an all-new open-world platformer from genre veterans Playtonic! Explore huge, beautiful worlds, meet an unforgettable cast of characters and horde a vault-load of collectibles as buddy-duo Yooka and Laylee embark on an epic adventure to thwart corporate creep Capital B!

Chinese tech conglomerate Tencent has bought a minority stake in Playtonic, the Derby-based developer behind Yooka-Laylee.

Playtonic has not disclosed how much of the company it had sold, but confirmed it still retained ownership of its IP.

The money will be spent on scaling up the business from its current single-team structure to multiple teams, hiring diverse talent, improving its office and exploring an expansion to other locations, Playtonic said.

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