{"id":3687,"date":"2021-07-03T12:32:31","date_gmt":"2021-07-03T19:32:31","guid":{"rendered":"https:\/\/www.gamesround.com\/blog\/?p=3687"},"modified":"2021-10-24T04:30:50","modified_gmt":"2021-10-24T11:30:50","slug":"vela-games-raises-17-3m-to-develop-its-debut-title-project-v","status":"publish","type":"post","link":"https:\/\/www.gamesround.com\/blog\/vela-games-raises-17-3m-to-develop-its-debut-title-project-v","title":{"rendered":"Vela Games Raises $17.3M To Develop Its Debut Title, Project-V"},"content":{"rendered":"\n<p>Vela Games has announced that it netted $17.3 million in a Series A funding round for developing its debut title. The Dublin, Ireland-based studio&#8217;s debut title is codenamed &#8216;Project-V,&#8217; a new multiplayer online co-op (MOCO) game.<\/p>\n\n\n\n<p>Vela Games was founded back in 2018 by trio Co-founders Travis George, Lisa Newon George, and Brian Kaiser\u2014all of whom are veterans of Riot Games and EA. The studio focuses on developing &#8220;engaging, co-operative games that put players at the heart of the development process.&#8221;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>&#8220;We&#8217;re pleased that our investment partners share our passion and excitement for what we&#8217;re creating with Project-V,&#8221; commented Travis George. &#8220;We have ambitious plans for the game and what it will become, and in the coming months, we look forward to growing the Vela team and our player community.&#8221;<\/p><\/blockquote>\n\n\n\n<p>Earlier, the Irish developer raised $3.82 million in seed funding for building a 13-strong development team of talented individuals with experience creating triple-A titles. Later, Vela has raised $6.9 million and increased its team size to 25 to refine its design. All combined, Vela Games has attracted more than $24 million to make its vision a reality.<\/p>\n\n\n\n<p>Vela&#8217;s latest funding round is led by Novator, with contributions from London Venture Partners and <a href=\"https:\/\/www.gamesround.com\/blog\/amazon-wired-productions-irregular-corporation-ubisoft-sega-playstation-gearbox-and-many-more-join-pax-investment-summit\" title=\"Amazon, Wired Productions,  Irregular Corporation,  Ubisoft, Sega, PlayStation, Gearbox and many more join PAX Investment Summit\">Ubisoft<\/a>. London Venture Partners and Ubisoft led the seed funding round in the studio last year.<\/p>\n\n\n\n<p>Vela Games co-founder Travis George said the team is pleased with the investors who share their passion and excitement about Project-V.<\/p>\n\n\n\n<p>The latest funding round follows after Vela Games revealed that the Project-V is on its way to the secondary test phase later this year. Furthermore, the studio also said it would use the investment to scale up its development team as well.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vela Games has announced that it netted $17.3 million in a Series A funding round for developing its debut title. The Dublin, Ireland-based studio&#8217;s debut title is codenamed &#8216;Project-V,&#8217; a new multiplayer online co-op (MOCO) game. Vela Games was founded back in 2018 by trio Co-founders Travis George, Lisa Newon George, and Brian Kaiser\u2014all of [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":3688,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[751,750,216,749],"_links":{"self":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/3687"}],"collection":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/comments?post=3687"}],"version-history":[{"count":5,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/3687\/revisions"}],"predecessor-version":[{"id":3693,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/3687\/revisions\/3693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media\/3688"}],"wp:attachment":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media?parent=3687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/categories?post=3687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/tags?post=3687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}