Methodical Games raises $15 million to create a new multiplayer action-adventure game. Lightspeed Venture Partners led the investment round. Other investors include Bitkraft Ventures, 1Up Ventures, Transcend Fund, Jason West (cofounder of Infinity Ward and Respawn Entertainment), and several angel investors.
The gaming studio is based in Raleigh, North Carolina, and was co-founded by Frank Gigliotti, Dave Ratti, and Adam Bellefeuil. The team of nine people consists of mostly veterans of Epic Games, Respawn Entertainment, and Infinity Ward. They have worked on some of the most successful game franchises including Fortnite, Apex Legends, and Call of Duty. Most have been making games for over two decades.
The studio is currently working on an original intellectual property in the early stages of pre-production. It’s apparently a multiplayer action-adventure game with an emphasis on “close-quarters combat set in a fantastical world where players embark on memorable adventures with their friends”.