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Double Loop Games Closes $8M in Series A Funding for First Mobile Title Trilby Beresford Shelby Moledina and Emily Greer
Double Loop Games has closed $8 million in Series A funding to bring to market its first mobile game title.
The San Francisco-based company was founded in 2019 by Emily Greer, former CEO of games publisher Kongregate; and Shelby Moledina, former WB Games director of product and DeNa executive producer, who share a vision to create social and accessible games for all types of players.
“Games bring us moments of joy, essential social connections, and are part of the fabric of our everyday lives and this past year has made it clear that our relationship to games will only increase,” said Greer, CEO, Double Loop Games. “At Double Loop, we think about how to entertain and create meaningful and charming experiences for anyone that likes to play games as a personal hobby or a social outlet, regardless of whether they self-identify as gamers.
Double Loop Games raises $8 million to create meaningfully charming mobile games ); }
Double Loop Games has raised $8 million in funding. The studio plans to use the cash to expand its team as it works on its debut mobile game, which is now being teased as a hybrid puzzle game with deep social elements.
Though details are vague, it s exactly the sort of game Double Loop set out to create back when cofounders Emily Greer and Shelby Moledina founded the studio two years ago. The mobile-focused developer aims to create captivating casual games for those that may not even consider themselves gamers and tap into what they believe is an under-served market.
Today, Double Loop Games announced that it has raised $8 million in Series A funding.
The company said that the investment will be used to bring its first mobile title to market and expand its development team.
The funding round was led by Hiro Capital, along with participation from Garena, Riot Games, London Venture Partners and others.
Alongside the investment, it was announced that Cherry Freeman, co-founder and partner of Hiro Capital, has joined Double Loop Games board of directors. Games bring us moments of joy, essential social connections, and are part of the fabric of our everyday lives and this past year has made it clear that our relationship to games will only increase, said Double Loop Games CEO Emily Greer.
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