The Believer Company, a new studio founded by Riot Games veterans, has emerged from stealth today and announced it raised $55 million in Series A financing.
The $55 million round was led by Andreesen Horowitz, with additional seed funding from Riot Games, Bitkraft Ventures, 1up Ventures, Dan Thompson's Cleveland Avenue, Michael D. Eisner's Tornante Company and other unnamed venture partners.
The studio was first formed in April 2022 and is led by CEO Michael Chow, who previously served as vice president at League of Legends creator Riot Games and co-founded Words With Friends developer Newtoy in 2008.
source https://www.gamesindustry.biz/riot-vets-aiming-to-shake-up-multiplayer-with-new-studio-the-believer-company
