News

Savage Game Studios Successfully Raises Funds Of $4.4 Million

savage games studios

Founded by former developers from Rovio Entertainment, Rockstar, Wargaming, and Next Games, Savage Game Studios has raised $4.4 million in financing.  The mobile games developer has been super secretive about its plans since its foundation and is based across Berlin, Germany, and Helsinki, Finland. With the first seed round of financing, the company aims to develop free-to-play (F2P) and AAA titles.

The studio posted on its LinkedIn page, “We’re a dynamite team of games professionals. In the past, we’ve built, launched, and grown some of the most prominent free-to-play and AAA titles. Today our focus lies in bringing genre-defining games to touch-screen devices.”

Founded by Michail Katkoff, the studio is already working on its first free-to-play shooter game for mobile devices. Katkoff is also the man behind the popular blog and podcast Deconstructor of Fun. The latest investment will help the company to take the game onto the production phase. The game is expected to be released later this year. Furthermore, Savage Game Studios also unveiled its plans to its teams in Berlin and Helsinki.  The currently has 10 employees, hopes to double its size in 2021.

“The mobile games industry continues to grow at double-digit pace year over year. The growth that is driven both by existing and new games enables more studios to thrive. The reason for starting a new studio is that smaller studios can — and are expected — to take chances. Try something new that doesn’t exist in the market. Larger studios are by nature simply more risk-averse,” Katkoff said.

Katkoff commented. “All of the shooter games, since the start of battle royale boom in 2018, have focused on competitive fast-paced gameplay. We see there an opening for games that offer an opportunity to play with others and have rewarding sessions without the high pressure of the player-versus-player environment.”

Led by Makers Fund and Play Ventures, the seed round also included investors such as Noice CEO Jussi Laakkonen, the MDM Investment Syndicate, Tactile Games CEO Asbjoern Soendergaard, and Elite Games CEO Joakim Achrén.

Don’t forget to share this post