What is Double Loop Games?
Double Loop Games is a nascent mobile studio dedicated to crafting engaging and relaxing gaming experiences tailored for individuals outside the typical gamer demographic. The company is spearheaded by a seasoned, women-led team with prior experience at prominent gaming entities such as Kongregate and Zynga. Currently, Double Loop Games is in the soft launch phase of its debut mobile-first title, designed to foster connections through shared hobbies and enduring gameplay. The studio prioritizes a sustainable and inclusive work environment, championing diversity and a culture of kindness.
How much funding has Double Loop Games raised?
Double Loop Games has raised a total of $8M across 1 funding round:
Unspecified
$8M
Unspecified (2021): $8M with participation from Riot Games, Lvp, Garena, and Hiro Capital
Key Investors in Double Loop Games
Riot Games
Riot Games is a prominent American video game developer and publisher known for its popular titles and esports ventures, indicating a strategic interest in the broader gaming ecosystem.
Lvp
Lvp is a venture capital seed fund with specialized expertise in the games sector, bringing operational experience and a deep understanding of the gaming industry to its investments.
Garena
Garena is a leading global online games developer and publisher, recognized for its highly successful mobile titles and significant presence in esports, suggesting a focus on scalable and popular gaming platforms.
What's next for Double Loop Games?
The substantial enterprise-level funding positions Double Loop Games for significant scaling and market penetration. This strategic investment will likely fuel the expansion of their development team, enhance marketing efforts for their soft-launched title, and accelerate the creation of new, hobby-centric gaming experiences. The company's focus on a broader audience suggests a strategy aimed at capturing a unique and underserved segment of the mobile gaming market, potentially leading to sustained growth and a strong competitive advantage.
See full Double Loop Games company page
