Blue Scarab Entertainment raised $7M in a seed funding led by Netease and Behold Ventures to develop a story-driven MMORPG game blending cozy escapism, horseback riding, and true crime.
Blue Scarab Entertainment raised $7M in a seed funding led by Netease and Behold Ventures to develop a story-driven MMORPG game blending cozy escapism, horseback riding, and true crime.
07/18/24, 12:40 AM
Location
stockholmMoney raised
$7 million
Industry
video games
gaming
Round Type
seed
Investors
Creandum, Betware, Raw Fury, Behold Ventures, Netease
Blue Scarab Entertainment, a new studio based in Stockholm, announced a $7 million seed investment led by Netease and Behold Ventures. The studio is focused on developing its first game, a story-driven MMORPG that combines cozy escapism, horseback riding, and true crime elements.
Company Info
Location
stockholm, stockholm county, sweden
Additional Info
Blue Scarab Entertainment is a new game studio headquartered in Stockholm, Sweden with a hybrid and remote workplace. The studio is developing an original IP: a story-driven MMORPG built using Unreal Engine 5, with a unique blend of cozy escapism and true-crime. Blue Scarab Entertainment is founded by a team of 20+ year industry veterans who led development on Battlefield, World of Warcraft, Age of Conan, IMVU, Star Stable Online, and Helldivers 2.