Chamo Games did not disclose any details about the financing round. However, among the very important investors were Lakestar, Sisu Game Ventures, and Griffin Gaming Partners.
Based in Malmö, Sweden, the Chamo Games team includes veteran expert developers from Riot Games, Ubisoft, CD Projekt Red, and more. Founded in September 2023, Chamo Games has quickly reached a team of 25 that works remotely all around the world.
“Chamo Games is more than a studio; it’s a community dedicated to crafting innovative gameplay experiences. We’re eager to share our upcoming project that pushes the boundaries of gaming genres.”
Zoher Toutanji, CEO of Chamo Games
The team is working on a physics-based, non-lethal FPS project, promising innovative twists and new takes on the FPS genre. They are currently finalizing the game’s first playable build and plan to have monthly playtests. Interested players and content creators can sign up to test the studio’s upcoming innovative non-lethal FPS.
“We believe in making games that prioritize player enjoyment and team well-being. Our diverse team is united in our vision to elevate PC and console gaming to new heights. Our first project is an unconventional game of skills, but it is also super fun. And from that fun we are building a game that is worth your time.”
Roberto Schiavulli, Creative Director of Chamo Games
Mika Salmi, venture partner at Lakestar said:
“We are incredibly excited to partner with Chamo Games on their journey. Roberto and Zoher are visionary founders with a proven track record of working on some of the most successful games out there.
They combine this experience with a deep understanding of players. Together, they are bringing a much-needed fresh perspective to the European games industry.”
Mika Salmi, Venture Partner at Lakestar
Jere Partanen, principal of Sisu Games Ventures said:
“We’re excited to support Chamo Games’ intentions of injecting more ambition into the European games landscape, bringing the player experience to the forefront in every decision, and building a friendly environment for top games talent.
With player expectations for games rising, every small gameplay detail deserves the level of focus and polish that Zoher, Roberto, and the rest of the Chamo team are committed to in their games.”
Jere Partanen, Principal of Sisu Games Ventures
Ibrahim Hafeez, investor at Griffin Games Partners said:
“Chamo Games stands out for its fusion of seasoned talent and innovative spirit. Their blend of understanding and passion, combined with a genuine focus on respect and enjoyment, makes them a studio to watch. We look forward to supporting a team that’s not just making games but shaping a new way to engage with them.”
Ibrahim Hafeez, Investor at Griffin Games Partners
About Lakestar
Lakestar is one of the leading pan-European venture capital firms. Lakestar’s mission is to find, fund and grow disruptive businesses that are enabled by technology and founded by exceptional entrepreneurs in Europe and beyond. Founded by Klaus Hommels in 2012, Lakestar manages an aggregated volume of over €2bn across four early stage funds and two growth funds.
About Sisu Games Ventures
Sisu Game Ventures is an exclusive advisory and investment company focused 100% on games. It was setup in 2014 by Paul Bragiel, Moaffak Ahmed and Samuli Syvähuoko and it focuses on the best gaming companies in the Nordic region and beyond.
About Griffin Games Partners
Griffin Gaming Partners is a leading venture capital firm singularly focused on investing in the global gaming market. They are founder-friendly, care deeply for their industry and bring decades of investment, advisory and operational experience. Griffin was founded by Peter Levin, Phil Sanderson and Nick Tuosto.