Los Angeles, CA. July 11, 2023 — Today, Gardens announced their game studio has raised $31.3M in Series A funding with support from an exceptional syndicate, including connections to major gaming platforms, publishers, and industry veterans.
Lightspeed Venture Partners and Krafton co-led the round with participation from Dreamhaven (co-founded by Mike Morhaime, founder and long-time CEO of Blizzard Entertainment), TIRTA, Rendered VC, Stephen “Slim” Lim (co-creator of Valorant), Nate Mitchell (co-founder of Oculus), Annie and Jeff Strain (co-founders of Prytania Media, co-creator of Guild Wars and State of Decay), Seth Sivak (VP of Development of World of Warcraft), V Pappas (former COO of TikTok), Julien Merceron (CTO of Bandai Namco) and Craig Kallman (CEO of Atlantic Records), among others. Early supporters, including Seed round lead Transcend Fund and Funplus, also increased their commitments.
With this funding, the company also adds former Microsoft Chairman John W. Thompson, former Sony Computer Entertainment America President and CEO Jack Tretton, former Tencent President and Take-Two CEO Ben Feder, and Yamauchi No.10 (Nintendo Family) to its advisory team.
Gardens co-founder and CTO Lexie Dostal was heartened by the positive reception: “It’s both inspiring and validating to see so much excitement around our vision for this game and studio, especially from these incredibly accomplished investors and partners. Folks with deep ties to Blizzard, Nintendo, Microsoft, Sony, PUBG, Riot Games, Tencent, and more are all coming together around Gardens; we couldn’t be more excited for the party we’ve assembled and the next chapter of our adventure together,” said Dostal.
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