A team of industry veterans has garnered $37.5 million in a round of Series A funding to launch its new studio, Theorycraft Games.
Founded by developers from studios like Blizzard, Bungie, Riot, and Valve, Theorycraft Games will be using the influx of funds to recruit talent and develop its first project, a community-driven PvP game available on multiple platforms.
Theorycraft s CEO is Joe Tung, a previous executive vice president of the League of Legends franchise at Riot Games, while former Valorant and Overwatch tech lead Michael Evans will serve as chief technical officer and former Bungie creative director Mike Tipul will be chief creative officer. Valorant art director Moby Francke will take the art director role, and Riot veteran Areeb Pirani will be chief operating officer.