The Believer Company raises $55 million in Series A funding

Investment to power new game studio and IP led by industry luminaries behind League of Legends.
The believer company logo and the tag line "we believe in games" are written over a game character watching the sunset.

The Believer Company, founded by ex-Riot Games executives, raised $55 million in Series A funding led by Lightspeed Venture Partners. Andreessen Horowitz, Bitkraft Ventures, Riot Games, 1Up Ventures, Cleveland Avenue, and Disney CEO Michael Eisner’s Tornante Company also participated.

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The funding will initially be put to work, building a world-class team to deliver a next-generation open-world game anchored by an original IP, stories where player choices matter, and gameplay systems that bring players together rather than pushing them apart.

“This is the best team in games. And I think that part of what happened was that we got some of the world’s best investors and then the more that snowballed,” Chow said. “And then the dream is very powerful. It’s we’re not trying to do just another thing. We’re trying to do something pretty big and dreamy. A great open-world game will change the world.”

Based in Los Angeles, Californa, The Believer Company was founded by CEO Michael Chow, former Executive Producer of League of Legends: Wild Rift and CPO Steven Snow, founding member of Riot Games.

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