Bit Odd Secures €17m
From TwogPedia
News/Bit Odd Secures €17m
Business
15 November 2024 14:34
Finnish mobile game developer Bit Odd has raised €17 million in a funding round led by Griffin Gaming Partners, with additional participation from Makers Fund, Index Ventures, and other investors.
The funding will help support the studio's upcoming free-to-play multiplayer action game, currently in development for iOS and Android, and slated for release next year.
"We started Bit Odd because we felt something was missing in gaming today," said Lasse Louhento, co-founder of Bit Odd. "The mobile gaming surge has been incredible, but it has also steered many studios toward finance-first."
More:Funstop Games Secures $5 million
"Our approach is a bit different. We focus on designing games that stir the soul, embrace quirkiness, and tap into the emotional magic of gaming classics."
Pierre Planche of Griffin Gaming Partners stated, "Launching something truly original in gaming takes guts, authenticity, and an unshakable passion for the craft. In an era where data is often the core driver for design, Bit Odd is charting a different course. We're excited to back Louhento and a team of next-gen talent."
Team Vitality has announced that An "Fiesta" Hyeon-seo will take over in the mid lane for the LEC 2026 Summer...
Business
Jul 01, 2026
Workers are twisting the arm of Rockstar to get what they want. Rockstar staff pushing to unionise in the weeks...
Business
Jul 01, 2026
$1000 for PS is not far apparently. The PlayStation 6's manufacturing cost has reportedly climbed to around $960 per unit,...
Business
Jun 29, 2026
Another studio is leaving the ship. Embracer lost one more studio. 34BigThings reclaiming its independence from Embracer Group is one...
Business
Jun 29, 2026
There are consequences in this world, and some times the price you pay is steep. The PlayStation 5 selling 58%...
Business
Jun 29, 2026