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    Pope Leo XIV Autographs Pokémon Fan’s Popplio Card

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    Infinity Nikki’s Steam Reviews Improve Ahead of Upcoming Game Update

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    Today’s Top Deals: Sony WH-1000XM4 Headphones, LEGO Disney, Splatoon 3, and More

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    Today’s Top Deals: Samsung Gaming Monitors, Crucial 2TB SSD for PS5, and More

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    Brazilian Watchdog Challenges Nintendo Over “Abusive Clauses” in Switch 2 License Agreement

    Brazilian Watchdog Challenges Nintendo Over “Abusive Clauses” in Switch 2 License Agreement

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    Pope Leo XIV Autographs Pokémon Fan’s Popplio Card

    Pope Leo XIV Autographs Pokémon Fan’s Popplio Card

    Infinity Nikki’s Steam Reviews Improve Ahead of Upcoming Game Update

    Infinity Nikki’s Steam Reviews Improve Ahead of Upcoming Game Update

    Today’s Top Deals: Sony WH-1000XM4 Headphones, LEGO Disney, Splatoon 3, and More

    Today’s Top Deals: Sony WH-1000XM4 Headphones, LEGO Disney, Splatoon 3, and More

    Today’s Top Deals: Samsung Gaming Monitors, Crucial 2TB SSD for PS5, and More

    Today’s Top Deals: Samsung Gaming Monitors, Crucial 2TB SSD for PS5, and More

    Zenless Zone Zero Celebrates Its First Anniversary Again with a Brand-New Story Chapter

    Zenless Zone Zero Celebrates Its First Anniversary Again with a Brand-New Story Chapter

    Persona 5: The Phantom X – Ongoing Review

    Persona 5: The Phantom X – Ongoing Review

  • PlayStation
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    Time Flies Arrives on PS5 July 31st – PlayStation.Blog

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    Sam’s Hideout Sparks Major Home Envy

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    [Rewrite this title] “Cat from Hell: A Review of Cat Simulator on PlayStation 5”

    Official PlayStation Podcast Episode 518: Expedition Connection – PlayStation Blog

    Official PlayStation Podcast Episode 518: Expedition Connection – PlayStation Blog

    Acclaimed PS4 Action RPG Available for Under  in New PS Store Sale

    Acclaimed PS4 Action RPG Available for Under $5 in New PS Store Sale

    Why Kratos’ Height in God of War Ragnarok is More Significant Than Ever

    Why Kratos’ Height in God of War Ragnarok is More Significant Than Ever

  • Xbox
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    Top 5 Tips to Master Tony Hawk’s Pro Skater 3 + 4 from Day One

    Diablo 4 Season 9 Revamps a Longstanding Tradition

    Diablo 4 Season 9 Revamps a Longstanding Tradition

    Capcom Considers Legal Action in Response to Monster Hunter Wilds Harassment

    Capcom Considers Legal Action in Response to Monster Hunter Wilds Harassment

    Coming Soon to Xbox: New Releases for July 7-11

    Coming Soon to Xbox: New Releases for July 7-11

    Ninja Legends Codes for Roblox

    Ninja Legends Codes for Roblox

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    All You Need to Know About The Hatch: Roblox’s Largest Egg Hunt Ever

  • Nintendo
    Mystery of Animal Crossing Finally Solved in the Most Unusual Way

    Mystery of Animal Crossing Finally Solved in the Most Unusual Way

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    Latios Arrives in Pokémon UNITE on July 18

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    8-Minute Overview Trailer for Donkey Kong Bananza Swings Into Action

    8-Minute Overview Trailer for Donkey Kong Bananza Swings Into Action

  • PC Gaming
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    Pneuma Launches New Studio: Cast Iron Games

    Xbox Recruits Face Tough Challenges in Helldivers 2 That Many Players Haven’t Mastered Yet

    Xbox Recruits Face Tough Challenges in Helldivers 2 That Many Players Haven’t Mastered Yet

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    Unbelievable Deal: Grab Expedition 33 and Stellar Blade for Only $1

  • Virtual Reality
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    ShapesXR Expands Spatial Design Prototyping with Advanced Animation Features

    25 Must-Download Free Games & Apps for Quest 3 Owners

    25 Must-Download Free Games & Apps for Quest 3 Owners

    Introducing the KIWI K4 Duo: A New Audio Head Strap for Quest 3 & 3S

    Introducing the KIWI K4 Duo: A New Audio Head Strap for Quest 3 & 3S

    Leaked Quest Theater Environment Hints at Meta’s Ambitions in Social VR, Targeting ‘Bigscreen’

    Leaked Quest Theater Environment Hints at Meta’s Ambitions in Social VR, Targeting ‘Bigscreen’

    Meta’s Acquisition of 9 Leading VR Studios Since 2019: Developments and Impact

    Meta’s Acquisition of 9 Leading VR Studios Since 2019: Developments and Impact

    ‘Haven in the Mist’ Kickstarter Surpasses 0K Mark and Keeps Growing

    ‘Haven in the Mist’ Kickstarter Surpasses $100K Mark and Keeps Growing

  • Consoles
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    Huge 42% Discount on 2TB Xbox Expansion Card for Amazon Prime Day — Upgrade Your Storage Affordably

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    GALAX GeForce RTX 5090 D Breaks World Records with 3650 MHz Overclock and 36 Gbps GDDR7 Speeds

    Nephew of ZX Spectrum Creator Develops Credit Card-Sized Raspberry Pi Gaming Console – GamerCard Boasts 4-Inch IPS Screen and Pre-Loaded Arcade Classics

    Nephew of ZX Spectrum Creator Develops Credit Card-Sized Raspberry Pi Gaming Console – GamerCard Boasts 4-Inch IPS Screen and Pre-Loaded Arcade Classics

    Nintendo Limits Switch 2’s USB-C Compatibility — Most Third-Party Docks and Accessories Incompatible Due to Proprietary Protocols

    Nintendo Limits Switch 2’s USB-C Compatibility — Most Third-Party Docks and Accessories Incompatible Due to Proprietary Protocols

    Brazilian Watchdog Challenges Nintendo Over “Abusive Clauses” in Switch 2 License Agreement

    Brazilian Watchdog Challenges Nintendo Over “Abusive Clauses” in Switch 2 License Agreement

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Moon Beast Productions Secures $4.5 Million in Seed Funding

by Zachary Baxter
December 19, 2024
in PC Gaming
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Moon Beast Productions has successfully raised $4.5 million in seed funding, marking a pivotal moment for the studio. The funding round was spearheaded by 1AM Gaming, and saw contributions from 1UP Ventures, The Mini Fund, Overwolf, and Versus Ventures, along with several angel investors.

The influx of cash is earmarked for the development of an innovative action RPG that aims to break away from traditional design molds. Founded in March 2022, Moon Beast is the brainchild of Peter Hu and Phil Shenk, both veterans from the Diablo 2 team. They were later joined by Diablo 2 co-creator Erich Schaefer, who came on board as chief creative officer.

“In this tough funding climate, we feel incredibly lucky to have investors who get what we’re aiming for,” said Peter Hu, the president and co-founder. He emphasized that their strategy is to work smarter by building adaptable, data-driven systems that enable rapid iteration and efficiency.

Phil Shenk expressed a similar sentiment: “We’ve always been about challenging the status quo. From the early days of Diablo and Diablo 2, to later projects like Hellgate: London, Torchlight, and Marvel Heroes Online, our mission has been to expand what players anticipate from the genre. We thrive on pushing boundaries and redefining what’s possible.”

Tags: MillionBeastSecuresFundingProductionsMoonSeed
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