To maintain its long-term focus on talent and play, Theorycraft Games raises $ 50 million

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  • Today, Theorycraft Games announced an additional $50 million in Series B funding, led by the Makers Foundation with participation from NEA and a16z. Theorycraft Games will use this increase to continue building the richest team of talent in games, and to ensure that they can continue to create games that are 10,000 hours in depth, it’s simply better play with friends, like the company’s first game, called Loki.

With a unique cast of heroes, Loki is a highly competitive adventure, creation and fighting game. Inspired by Theorycraft’s past collective experience on titles like League of Legends, Overwatch, Halo, and VALORANT.

Makers Foundation founder Jay Chi said: “In addition to the pedigree of the talent base, we are continually impressed with the speed at which Theorycraft has grown and the quality of what they have delivered in less than two years. “. “Joe and his team have created the perfect concoction in modern game making – a system-centric culture, no BS to get the job done, combined with a flair for design. design and community-oriented approach.”

Over the past 18 months, Theorycraft Games has attracted a small but powerful team of the world’s best developers, including VALORANT, Overwatch and Arcane Art Direction, VALORANT, League of Legends and Teamfight Tactics Technical Direction, and design. /product leader of Halo, Destiny, Legends of Runeterra and League of Legends. In May, they joined Legends of Runeterra Game Director Andrew Yip and more recently League of Legends Game Director Jon Belliss.

“What has attracted both talent and investors to our goal is our belief that great games meet basic human needs and a studio committed to meeting those needs. That — on market trends, new technology, or endless sequels — is an exciting opportunity to make an impact, said Joe Tung, CEO and Co-Founder of Theorycraft Games who wants to enhance his offering. A great community has helped us get this far, we’d love to hear from you new!

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