Obelisk Studio Secures $2m Investment
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News/Obelisk Studio Secures $2m Investment
Investments
22 January 2024 15:18
Obelisk Studio has successfully raised $2m from The Games Fund. The Cyprus-based gaming company plans to utilize the funds for the development of its inaugural intellectual property (IP), a psychological action-horror game named Displacement. Previously, the studio had primarily focused on co-development, playing a role in the creation of games like Sons of Forest, Call of Duty, Fallout 76, and New World.
So gaming companies are developing their own AI tools now rather than using the existing ones. HoYoverse committing up to...
Investments
May 27, 2026
TL;DR * FlyQuest has led a $3.5 million funding round for Dallas-based Psychedelic Games' pirate-themed 4v4 MOBA Golden Tides, joined...
Investments
Mar 26, 2026
An Indian gaming company Liquidnitro Games, a specialist in development and ongoing live services, announced the close of its $19.1...
Investments
Jan 15, 2026
Korean games publisher NCsoft is significantly expanding its presence in the casual mobile market following a major investment in Singapore...
Investments
Dec 24, 2025
Tencent has acquired a minority stake in French game developer Drama Studios, strengthening its presence in the global games market...
Investments
Dec 17, 2025
Investments
22 January 2024 15:18
Obelisk Studio has successfully raised $2m from The Games Fund. The Cyprus-based gaming company plans to utilize the funds for the development of its inaugural intellectual property (IP), a psychological action-horror game named Displacement. Previously, the studio had primarily focused on co-development, playing a role in the creation of games like Sons of Forest, Call of Duty, Fallout 76, and New World.
So gaming companies are developing their own AI tools now rather than using the existing ones. HoYoverse committing up to...
Investments
May 27, 2026
TL;DR * FlyQuest has led a $3.5 million funding round for Dallas-based Psychedelic Games' pirate-themed 4v4 MOBA Golden Tides, joined...
Investments
Mar 26, 2026
An Indian gaming company Liquidnitro Games, a specialist in development and ongoing live services, announced the close of its $19.1...
Investments
Jan 15, 2026
Korean games publisher NCsoft is significantly expanding its presence in the casual mobile market following a major investment in Singapore...
Investments
Dec 24, 2025
Tencent has acquired a minority stake in French game developer Drama Studios, strengthening its presence in the global games market...
Investments
Dec 17, 2025