Bit Odd raise $5m for new studio

Picture Supply: bit-odd.com.

Led by Index Ventures, a studio based in Helsinki called Little bit Odd, raised €5 million through a single funding round.

Bit Odd was launched by previous Supercell developers, a cell games advancement corporation based in Finland, Lasse Louhento, Jani Lintunen, and Taneli Oksama, and only not long ago came out of stealth method.

Eric Seufert, who is investing by way of his enterprise Heracles Cash, and angel trader Stephane Kurgan also participated in the investment decision spherical.

According to Bit Odd, the developers want to carry back again a sense of question and weirdness to gaming. Louhento also extra that the developers started out Little bit Odd due to the fact they felt one thing was amiss in the planet of gaming. This was not mainly because there isn’t phenomenal talent and amazing titles out there but since a enormous increase in cellular gaming has generated a little something of a gold hurry.

Louhento ongoing the assertion by expressing that this is fuelled by a kind of Wild West, finance-1st thinking the place developers fixate on what the levels of competition is doing, on analytics, on execution, and on participating in it secure.

He included that the workforce at Little bit Odd is, perfectly, a little bit odd in believing that match style and design should be about creating a leap of faith that is not based mostly on info but on experience, on what stirs the soul, on going to uncharted waters, and on the strategies and artisanal touches and magical moments that make up a abundant and one of a kind player practical experience.

It is really worth noting that in the past, Index Ventures have invested in King, Supercell, and Roblox Having said that, additional just lately, the company also productively led a $255 million Sequence C expense round by Turkish cellular studio Aspiration Games and a $40 million funding round for the match streaming support Backbone.