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Gamasutra - 1047 Games nets $6.5 million to support and grow multiplayer shooter Splitgate

Splitgate: Arena Warfare. The funding round was led by Galaxy Interactive with additional support from VGames, Lakestar, and 1Up Ventures.  Splitgate is described as a "player-versus-player portal shooter" and initially launched on PC as a free-to-play title back in 2019.  1047 has spent the past two years improving and polishing SplitGate, and will use the cash injection to expand its development team and grow its playerbase.  The studio has now raised over $10 million to date, and has t...
Ian Proulx Galaxy Interactive விண்மீன் ஊடாடும்

Bad Robot Games Raises Over $40M in Series B Funding

Bad Robot Games, the Bad Robot’s video game division, completed a $40+m Series B funding. The round was led by Galaxy Interactive, with participation from existing investors Horizons Ventures, Iconiq Capital and Tencent. The financing follows the formation of its internal development team, Bad Robot Games Studio, and the hiring of CEO Anna Sweet in early 2020.  Bad Robot Games will use the new capital to build out its internal Games Studio and continue to ramp up the team with additi...
Santa Monica Bad Robot Games Bad Robot Galaxy Interactive Horizons Ventures Iconiq Capital

J.J. Abrams' Bad Robot Games Ramps Up Development With New Funding

Bad Robot is one of the biggest names around when it comes to television and film, and now J.J. Abrams and Katie McGraths expanding company is branching further into the realm of video games with Bad Robot Games. In that pursuit of growth, Bad Robot Games has raised over $40 million dollars in [...]
Richard Kim Sam Englebardt Katie Mcgrath Brian Weinstein Vc Dream Team Bad Robot

Lightforge, led by former Epic Games employee, emerges from stealth mode to change RPGs

by WRAL TechWire — May 12, 2021 . RALEIGH – Video game startup Lightforge Games, armed with $5 million raised in equity financing from 10 investors in December, and equipped with team of game developers, seeks to change how role-playing games (RPGs) are played. The team, led by CEO Matt Schembari, who is the former director of user interface for Epic Games, is working on what it called in a statement “a new cross-platform social video game where players have the power to create worlds.�...
Matt Schembari Mike Morhaime Dan Hertzka Nathan Fairbanks Glenn Rane Marc Hutcheson

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Former Epic and Blizzard Veterans Join Forces to Create Lightforge Games™

Former Epic and Blizzard Veterans Join Forces to Create Lightforge Games™ News provided by Share this article New Studio Seeks to Reimagine How RPGs are Played RALEIGH, N.C., May 12, 2021 /PRNewswire/ -- Longtime Epic Games and Blizzard Entertainment developers have united to create Lightforge Games, and theyre on a quest to change how RPGs are played. The team is developing a new cross-platform, social video game where players have the power to create worlds and tell stories with unpreceden...
Matt Schembari Mike Morhaime Dan Hertzka Nathan Fairbanks Glenn Rane Marc Hutcheson

Blizzard and Epic vets form Lightforge Games

A group of former Epic Games and Blizzard Entertainment developers today announced the formation of their new studio, Lightforge Games. The remote-working studio is working on a cross-platform game with social elements, with CEO Matt Schembari saying the intent is "to combine elements from Minecraft or Roblox with tabletop RPGs to form a new way to play role-playing games." The studio has received $5 million in backing from a number of investors, including Galaxy Interactive, NetEase Games, Dre...
Matt Schembari Mike Morhaime Marc Hutcherson Dan Hertzka Nathan Fairbanks Glenn Rane

Gamasutra - Epic, Blizzard alums gather to form all-remote studio Lightforge Games

); } The pandemic-era trend of all-remote studios with triple-A alumni forges onward. Today a band of Epic Games & Blizzard Entertainment alumni announced the formation of Lightforge Games, a new all-remote studio dedicated to “changing how RPGs are played” In a press release, CEO Matt Schrembi states that Lightforge Games has begun development on a cross-platform social video game where players “have the power to create worlds and tell stories with unprecedented freedom.” The pitch is ...
Matt Schrembi Mike Morhaime Epic Games Blizzard Entertainment Lightforge Games Galaxy Interactive

Lightheart raises $6.8m in Series A funding

Lightheart Entertainment announced today that it has raised $6.8 million in Series A funding. The funding round was led by Makers Fund, along with existing investments from Galaxy Interactive, Sisu Game Ventures, and additional angel investors. The Helsinki, Finland based studio said that it will use the funding to grow its team and develop more titles like its first game, Mr Autofire. Mr Autofire launched in November of 2019 and has generated over $10 million in revenue to date. Lightheart En...
Eteläuomen Läi Jay Chi Makers Fund Lightheart Entertainment Galaxy Interactive Sisu Game Ventures

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Provider of SaaS for Financial Institutions Fininbox Doubled Revenue in 2020 March 11th, 2021. According to AntonZujev, Head of Business Developmentand Sales at Fininbox, the doublingof revenue even during the pandemic ... BuildStream launches investment round on Republic YC Funded BuildStream LaunchesInvestment Campaign for Supply ChainQuality Inspection Marketplace App,Raising $1M From Users and the Crowd.NEW YORK, Feb 21, 2021 — ... Durham-based ProcessMaker raises $45 million in Series ...
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