Theorycraft Games raises $50m in Series B funding

Theorycraft Games announced that its raised $50 million in a Series B funding round.

Founded in 2020, the company was formed by CEO Joe Tung, Mike Tipul, Michael Evans, Areeb Pirani, and Moby Francke. Collectively the group has worked at studios such as Blizzard, Bungie, Riot, and Valve.

Theorycraft says that the new investment will go towards development of its first title, codenamed Loki and expansion of its workforce.

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