Studio 42 Secures $3.6m Investment

Studio 42 Secures $3.6m Investment

Investments

16 May 2025 13:40

Mobile game developer Studio 42 has raised $3.6 million in a seed funding round led by Play Ventures, with participation from GEM Capital and Arcadia Gaming Partners. The investment will be used to support the studio’s debut title and future product development.

Headquartered in Cyprus, Studio 42 was founded earlier this year by CEO Aleksandr Bogdanov, COO Ivan Larionov, and CPO Pavel Sudakov — all former leaders at Belka Games. The team currently consists of 14 members working remotely across four countries.

"We are excited to partner with Play Ventures, GEM Capital, and Arcadia Gaming Partners and take the next step in our journey," said Bogdanov. "Their support allows us to focus on what we do best – creating simple yet deeply engaging experiences. We believe that genius lies in simplicity, and together, we are ready to bring fresh ideas to the puzzle genre."

More:Sony May Move Manufacturing to US

The studio’s focus is on hybrid-casual puzzle games, with a strong emphasis on live operations to drive long-term engagement.

Henric Suuronen, founding partner at Play Ventures, expressed his enthusiasm for the partnership: "We're thrilled to back Alexsandr, Ivan, Pavel, and the incredible team they've brought together at Studio 42. From the start, we were aligned with their vision – reimagining core puzzle mechanics through a hybrid-casual lens, with live ops as a strategic driver. Their track record speaks for itself, and we couldn't be prouder to support them."

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Studio 42 Secures $3.6m Investment

Investments

16 May 2025 13:40

Tags: Studio 42

Mobile game developer Studio 42 has raised $3.6 million in a seed funding round led by Play Ventures, with participation from GEM Capital and Arcadia Gaming Partners. The investment will be used to support the studio’s debut title and future product development.

Headquartered in Cyprus, Studio 42 was founded earlier this year by CEO Aleksandr Bogdanov, COO Ivan Larionov, and CPO Pavel Sudakov — all former leaders at Belka Games. The team currently consists of 14 members working remotely across four countries.

"We are excited to partner with Play Ventures, GEM Capital, and Arcadia Gaming Partners and take the next step in our journey," said Bogdanov. "Their support allows us to focus on what we do best – creating simple yet deeply engaging experiences. We believe that genius lies in simplicity, and together, we are ready to bring fresh ideas to the puzzle genre."

More:Sony May Move Manufacturing to US

The studio’s focus is on hybrid-casual puzzle games, with a strong emphasis on live operations to drive long-term engagement.

Henric Suuronen, founding partner at Play Ventures, expressed his enthusiasm for the partnership: "We're thrilled to back Alexsandr, Ivan, Pavel, and the incredible team they've brought together at Studio 42. From the start, we were aligned with their vision – reimagining core puzzle mechanics through a hybrid-casual lens, with live ops as a strategic driver. Their track record speaks for itself, and we couldn't be prouder to support them."

Share:

Sources:

Report mistake Submit news

Related news

View All

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