According to a press release sent to Pure Nintendo, The Pokemon Company Group, Google, and Nintendo have invested a combined total of $30 million in their newest partner, Niantic, a mobile development studio which is currently working on Pokemon GO.

$20 million was offered upfront to the company and the remaining ten will be given upon reaching particular milestones.

“We will be using this capital to continue the development of Pokémon GO, to evolve and grow Ingress and its thriving global community, and to build out our real-world gaming platform,” says Niantic CEO, John Hanke.

Pokemon GO was announced last month and is currently slated to hit mobile devices in 2016.
The mobile video game will allow individuals to venture out into the real world and capture virtual Pokemon while utilizing smart devices. A Pokemon Go Plus wrist-band was also announced last month and will vibrate and light-up should a wild Pokemon be near-by. The Pokemon Go Plus wrist-band is to be sold separately.

What are your thoughts on Pokemon GO? Do you think Pokemon GO will provide individuals with a better experience than traditional Pokemon titles? Let us know your thoughts in the comment section below.