Nicosia-based Eschatology Leisure, a recreation improvement studio recognized for its group of trade veterans, introduced the closing of a €10.2 million funding spherical led by KRAFTON, with GEM Capital and The Video games Fund becoming a member of the spherical. This fashion, GEM Capital has additional expanded its possession within the firm, demonstrating sturdy dedication to the group. This funding will help improvement of the studio’s upcoming Souls-like FPS set in an Apocalyptic Wild West, enabling the group to finalize crucial improvement phases and make sure the easy manufacturing and launch of the sport.
In 2022, Fuad Kuliev, Dmytro Kostiukevych, Boris Nikolaev, and Viktor Antonov based Eschatology Leisure and assembled a world-class multicultural group with broad leisure and recreation improvement expertise.
Eschatology Leisure is a group of extraordinary professionals with backgrounds in studios together with Valve, Wargaming, 4A Video games, Bluehole Studio, GSC Recreation World and Frag Lab. The group’s observe file contains upscaling the world-renowned recreation challenge World of Tanks to new areas, in addition to different globally profitable MMOs. The Visible Director of the studio was behind the artwork model of Half-Life 2 and Dishonored titles. Other group members have managed, printed, and launched Grasp of Orion, Caliber and Shatterline, amongst different video games.
The studio’s earlier $4 million funding spherical (co-led by GEM Capital and The Video games Fund) enabled the preliminary improvement phases and assembling an excellent group. With this new $11.3 million capital injection, Eschatology is on observe to launch its first challenge. The sport is now in its most energetic manufacturing part, following the completion of pre-production and a showcase vertical slice. This funding ensures a seamless manufacturing course of, high-quality improvement and well timed launch. Moreover, Eschatology plans to determine a publishing group, reflecting their ambitions past this preliminary challenge.
“This deal is greater than only a monetary funding; it’s a collaborative journey that enables us to completely immerse ourselves in making a world wealthy in ambiance, historical past, and difficult challenges. With the help of our new accomplice, KRAFTON, and the continued teamwork with outdated pals GEM Capital and The Video games Fund, we now have all of the sources wanted to carry our formidable imaginative and prescient to life. It’s not solely a chance to complete a novel, sturdy product. It is crucial for us to relate this unbelievable story by means of totally different video games, opening with an alternate apocalyptic Wild West setting,” stated Fuad Kuliev, co-founder of the studio.
“Eschatology Leisure has an thrilling future forward of them, and we’re delighted to supply help to the group and their revolutionary concepts,” stated Maria Park, KRAFTON’s VP and Head of Company Growth. “That is on the very coronary heart of what KRAFTON’s ‘Scale-Up-the Artistic’ technique is all about – discovering the very best expertise in gaming and dealing with them to carry their creativity to the entire world.”