Former NetEase Exec Simon Zhu Launches GreaterThan Group With $100M to Back Game Developers

According to Bloomberg, Simon Zhu, former NetEase executive, launched GreaterThan Group on May 12 with $100 million in capital—comprising $40 million in cash and $60 million in funding commitments—to support game developers amid a broader pullback in gaming financing. The company's investors are private gaming and tech entrepreneurs. GreaterThan Group's first projects include Star Wars: Fate of the Old Republic from Arcanaut Studios, led by former BioWare director Casey Hudson, and an unannounced shooter from BulletFarm, run by Call of Duty veteran David Vonderhaar.
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