Savage Game Studios Raises $4.4 Million in Seed Round of Funding

Savage Game Studio has completed a seed round of financing where it raised a lot of money. The studio was founded by former employees of Rockstar, Wargaming, Rovio, and Next Games.

Rockstar, Wargaming, Rovio, and Next Games are big names among video game studios. Former employees from these studios came together to form Savage Game Studios. The studio aims to specialize in free-to-play and AAA game development. According to their LinkedIn page,

“We’re a dynamite team of games professionals. In the past, we’ve built, launched, and grown some of the most prominent free-to-play and AAA titles. Today our focus lies in bringing genre-defining games to touch-screen devices.”

Savage Game Studios Linkedin Profile

Savage Game Studio completed a seed round of financing to raise $4.4 million. The studio is currently working on its first title – a shooter for mobile devices. It will move into the production phase using the raised funds.

Savage Game Studios are based in Berlin, Germany, and Helsinki, Finland, and has been relatively quiet with their plans. Established by Michail Katkoff, the founder of Deconstructor of Fun (a blog and podcast), the studio is currently developing its first titlea shooter for mobile devices. The raised funds will help the studio move into the production phase.

Katkoff stated,

“All of the shooter games, since the start of battle royale boom in 2018, have focused on competitive fast-paced gameplay. We see there an opening for games that offer an opportunity to play with others and have rewarding sessions without the high pressure of the player-versus-player environment.”

Michail Katkoff, the founder of Deconstructor of Fun
Savage Game Studios Raises $4.4 Million In Seed Round Of Funding
Michail Katkoff

Makers Fund and Play Ventures led the funding’s seed round. Other prominent investors were Jussi Laakkonen, former Executive VP at Unity Technologies; Asbjoern Soendergaard, CEO of Tactile Games; Eric Seufert’s Mobile Dev Memo syndicate; and Elite Games CEO Joakim Achren’s game investment syndicates.

Savage Game Studios currently has ten employees, but they are looking to double their size in 2021. Katkoff said,

“The mobile games industry continues to grow at a double-digit pace year over year. The growth that is driven both by existing and new games enables more studios to thrive. The reason for starting a new studio is that smaller studios can — and are expected — to take chances. Try something new that doesn’t exist in the market. Larger studios are by nature simply more risk-averse.”

Michail Katkoff, the founder of Deconstructor of Fun
Aaryan Sharma

Aaryan Sharma

Meet our Tech Wiz – he’s a true-blooded otaku and an encyclopedia of all things tech! Foodie to the hilt and the clandestine king of online food ordering! There is No Veg burger he doesn’t have an opinion on!

Comments

Leave a Reply