Nicosia-based Eschatology Leisure, a recreation growth studio identified for its workforce of business 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 robust dedication to the workforce. This funding will assist growth of the studio’s upcoming Souls-like FPS set in an Apocalyptic Wild West, enabling the workforce to finalize essential growth 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 workforce with broad leisure and recreation growth expertise.
Eschatology Leisure is a workforce of extraordinary professionals with backgrounds in studios together with Valve, Wargaming, 4A Video games, Bluehole Studio, GSC Sport World and Frag Lab. The workforce’s observe file contains upscaling the world-renowned recreation undertaking World of Tanks to new areas, in addition to different globally profitable MMOs. The Visible Director of the studio was behind the artwork fashion of Half-Life 2 and Dishonored titles. Other workforce 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 growth phases and assembling an impressive workforce. With this new $11.3 million capital injection, Eschatology is on observe to launch its first undertaking. The sport is now in its most energetic manufacturing section, following the completion of pre-production and a showcase vertical slice. This funding ensures a seamless manufacturing course of, high-quality growth and well timed launch. Moreover, Eschatology plans to determine a publishing workforce, reflecting their ambitions past this preliminary undertaking.
“This deal is greater than only a monetary funding; it’s a collaborative journey that enables us to totally immerse ourselves in making a world wealthy in ambiance, historical past, and difficult challenges. With the assist of our new associate, KRAFTON, and the continued teamwork with outdated mates GEM Capital and The Video games Fund, we now have all of the assets wanted to deliver our bold imaginative and prescient to life. It isn’t solely a possibility to complete a singular, robust product. It will be important for us to relate this unimaginable story by way of completely different video games, opening with another 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 assist to the workforce and their progressive concepts,” stated Maria Park, KRAFTON’s VP and Head of Company Improvement. “That is on the very coronary heart of what KRAFTON’s ‘Scale-Up-the Artistic’ technique is all about – discovering one of the best expertise in gaming and dealing with them to deliver their creativity to the entire world.”
