Steamforged Games on growth path in tabletop after £5m investment

The tabletop games publisher and retailer, Steamforged Games is continuing with its expansion plans having grown its team to a total of 52 following a £5m investment earlier this year.

 The Manchester-based board game developer has taken on 14 new staff members in the last two months alone, riding the crest of a wave of popularity the board gaming and tabletop sector has experienced in the last few years.

The £5m investment was made by Foresight Group and will be used to support a 24-month growth pipeline which includes the development of eight additional games.

Steamforged was established in 2014 by Rich Loxam and Mat Hart, creators of the sports-based miniatures game Guild Ball. Previously based in the corner of a retail store in Stockport, the company has since moved to 16,000 square foot premises in Manchester to support its growing team.

Rich Loxam, co-founder and CEO of Steamforged, said: “As it has been from the beginning, Steamforged is made up of creative, talented people who love what they do.

“[The] investment will allow us to further mature as a company. In growing our staff, we’ve entered into the next phase of Steamforged’s evolution, in which we’ll both forecast and positively react to industry changes. It’s a very exciting time for the business.”

Following the company’s early success with Guild Ball, Steamforged has gone on to develop tabletop versions of popular video game titles such as Resident Evil 2: The Board Game and Ni no Kuni II: The Board Game.

The company’s new office in Trafford Park includes a public-facing onsite store known as ‘The Forge’ that offers tabletop games, miniatures, paints and accessories and a space to take part in games and tournaments.

The £5m investment made by Foresight Group will be used to support a 24-month growth pipeline which includes the development of eight additional games.

About Robert Hutchins

Robert Hutchins is the editor of and ToyNews. Hutchins has worked his way up from Staff Writer to the position of Editor across the two titles, having spent almost eight years with both ToyNews and, and what now seems like a lifetime surrounded by toys. You can contact him by emailing or calling him on 0203 143 8780 You can even follow him on Twitter @RobGHutchins if ranting is your thing...

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