Lost Lake Games
Cross-platform video games from veteran industry developers.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
* | $5.0m | Seed | |
| Total Funding | 000k | ||
Lost Lake Games is a Seattle-based independent game development studio founded in 2021. The company was established by a team of veteran game developers: CEO James Phinney, who was the lead designer for StarCraft and held senior roles at ArenaNet and Undead Labs; Joe Pikop, a character artist from Rockstar Games and ArenaNet; and Mark Pottorf, an engineer with experience on titles like H1Z1 and Quantum Conundrum. The founding team's collective experience includes work on major franchises such as Diablo, Warcraft, and Guild Wars.
The studio's stated focus is on creating cross-platform games that are not tied to a single genre, emphasizing discovery and adventure. Lost Lake Games operates on a core belief of empowering its creative team and fostering a collaborative culture to produce its titles. The business model appears to be centered on direct game sales, having secured initial venture capital to fund development, which allows for more creative freedom compared to a traditional publisher deal.
In February 2022, Lost Lake Games announced it had raised $5.1 million in a seed funding round. The round was led by BITKRAFT Ventures, a venture capital firm specializing in gaming and esports, with participation from Lightspeed Venture Partners, Moon Holdings, and 1UP Ventures. This initial investment was intended to facilitate the expansion of the development team and fund game production. While the studio is actively developing its first projects, specific details about the games themselves have not yet been publicly released.
Keywords: independent game studio, cross-platform games, game development, video game developers, adventure games, PC games, console games, James Phinney, StarCraft, ArenaNet, Rockstar Games, BITKRAFT Ventures, Seattle gaming, new game studio, game production