Elodie Games raises $32.5M to build crossplay co-op games
Summary
The Venice, California-based company previously raised $5 million in February 2020, just before the pandemic brought huge changes to gaming. Norman and David Banks, two veterans of Riot Games with many years of experience in the industry, started the company in 2019. ” We’re entering a golden age for startup game studios, where the very best and most proven developers at the big legacy publishers finally have the support they’ve needed to step out on their own and build the games they’ve been dreaming about in a culture where they can thrive,” said Englebardt in an email to GamesBeat. It just brings everyone together to say, ‘Hey, this is the experience we’re going for.’ And, and we want to make it even better.” Based on the demo, they created a “sizzle video” and then went on an investor roadshow to raise money this year, Banks said. A state agency has sued Activision Blizzard, one of the biggest companies in the industry, about that, and something similar happened at Riot Games before that.