“In the first few months of our company’s history we have recruited top development talent from around the United States and Europe. This includes building out veteran prototyping teams and developing innovative new products across both existing and new platforms. The investment will be used to continue to focus on Velan’s mission of building new entertainment experiences around emergent technologies. It is one of the largest investments of its kind for experimental games and was led by Velan Ventures along with additional investment partners.Īdditionally, Charles Huang, Co-Founder of Red Octane, co-creator of Guitar Hero, and current CEO of Indigo 7, an entertainment investment company, joined Velan Studios’ Board of Directors as part of the investment round.
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Velan Studios, today announced it has completed its Series A financing with $7 million in new capital. It does not store any personal data.By David Doyle | Gramercy Communications Velan Studios secures $7 million in Series A funding for ongoing investment in experimental games initiatives. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary".
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