Bit Odd raises €17m in funding round

Finnish cell developer Bit Odd has secured €17 million in a funding spherical led by Griffin Gaming Companions.

As reported by The Wall Street Journal, the funding included participation from Makers Fund, Index Ventures, and different contributors.

Funding will help its free-to-play multiplayer motion recreation, which is at present in growth and goals to launch on iOS and Android subsequent yr.

“We began Bit Odd as a result of we felt one thing was lacking in gaming right now,” stated studio co-founder Lasse Louhento. “The cell gaming surge has been unbelievable, however it has additionally steered many studios towards finance-first.

“Our strategy is a bit completely different. We concentrate on designing video games that stir the soul, embrace quirkiness, and faucet into the emotional magic of gaming classics.”

Griffin Gaming Accomplice’s Pierre Planche added: “Launching one thing really authentic in gaming takes guts, authenticity, and an unshakable ardour for the craft. In an period the place knowledge is usually the core driver for design, Bit Odd is charting a special course. We’re excited to again Louhento and a staff of next-gen expertise.”

The Helsinki-based studio was based in 2022 by former Supercell builders Lasse Louhento, Jani Lintunen, and Taneli Oksama.

After popping out of stealth in June 2022, Bit Odd raised €5 million in its first funding round.