Many veterans set up new studio, Netease becomes main investor

A team of industry veterans received $37.5 million in round a financing to set up a new studio theorycraft games.

Many members of theorycraft games come from top companies in the industry, such as Blizzard, Bungie, fist, V club and so on. Theorycraft

Many veterans set up new studio, Netease becomes main investor

Games will use funds to recruit talents and develop its first project, a community driven PVP game for multiple platforms.

Many veterans set up new studio, Netease becomes main investor

The CEO of theorycraft games is Joe

Tung, who used to be the executive vice president of League of heroes, and Michael, the former technical leader of valorant and vanguard

Evans will be the company’s chief technology officer, and Mike tipul, the former creative director of Bungie, will be the chief creative officer. Moby, art director of valorant

Francke will be the art director, and areeb Pirani, the fist veteran, will be the chief operating officer.

Joe Tung

It is reported that the $37.5 million financing is led by Netease, and other investors include NEA, bitkraft ventures, Griffin gaming partners,

And SISU game ventures.

CEO Joe

“We feel very lucky not only to get off to such a good start, but also to find a group of like-minded partners who, like me, believe that Games meet the basic needs of human beings, and they support our goal of quickly getting games into the hands of players and developing games with them; most importantly, they understand that we are for long-term development,” says Tung