Frost Giant Studios Raises $4.7M Seed Financing
Independent game development studio Frost Giant Studios said it has raised a $4.7M USD seed investment led by BITKRAFT Ventures. Further investors who participated in the financing round include 1 Up Ventures, GC Tracker, Riot Games, and Griffin Gaming Partners.
Frost Giant Studios was founded by former StarCraft II production director Tim Morten and WarCraft III lead campaign designer Tim Campbell earlier this year. In addition to Blizzard Entertainment veterans Morten and Campbell, a group of other veterans from Blizzard’s real-time strategy team across art, design, and engineering joined the new game studio. The studio set out “to bring real-time strategy (RTS) games to a broader audience by lowering the barrier to entry, enhancing co-operative gameplay, expanding the legacy of competitive esports, and empowering user-generated content.”
Frost Giant Studios Co-Founder Tim Morten told The Esports Observer that “real-time strategy games have a great legacy in esports, and we definitely plan to carry that forward. We’re just in the early design stages, but we’re talking with some of the players, casters, and influencers who helped pioneer RTS esports, to help us lay the best plans for the future.”
According to a press release, the game studio plans to use the investment proceeds “to scale the team in order to begin building a prototype for gameplay, conduct consumer research, and expand operations.”
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