Game Developer -ARCTIC7 SECURES $2M SEED-OFF INVESTMENT IN GRISHIN ROBOTICS-LEADED RISE

$2 million from sources such as Grishin Robotics for “(providing) technical and creative solutions”.

Funding to enable technology development and international expansion

Arctic7, a new game development company founded by Igor Efremov, Marc Rizzo and Alan VanSlykeannounced today that it has successfully closed its funding round $2 million. bay areaVenture capital firm Grishin Robotics is leading the round, alongside two angel investors.

A brand new company providing technical and creative solutions within the games industry, Arctic 7’s ambition is to establish itself as a leading game developer, focusing on quality, excellence technique and creative production.

Arctic7 sees the trio build on their previous successes at companies including Epic Games, Microsoft, Sony and electronic artswhere they led the development of game franchises like Gears of War, Assassin’s Creed, FifaThe Sims, Need for Speed ​​and more.

Igor Efremov, co-founder of Arctic7, comments: “Mark, Alan and I have long shared a vision of building a business based on our personal beliefs and ambitions. With Arctic7, we can expect to identify and seize industry opportunities, and we are extremely grateful that our investors have decided to join the journey ahead. The initial funding – which exceeded expectations – gives us the launch pad to realize these ambitions, deliver premium gaming experiences and establish ourselves as a premier developer.

A Grishin Robotics spokesperson said, “The Arctic7 team has a proven track record of working on some of the most successful projects at top companies. In short, Arctic7 is a start-up born from decades of experience and strong industry contacts and we can’t wait to see its success materialize.

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Notes to Editors

Learn more about Arctic7:

Arctic7 is a next-generation indie game company, founded in 2021 by Igor Efremov, Marc Rizzo and Alan VanSlyke. The company is headquartered in Austin, TX and has development teams around the world. Arctic7’s vision is to create an environment where creativity is nurtured and every partnership remains personal. With their combined decades of gaming experience, Efremov, Rizzo, and Van Slyke know that every project is only as good as the people behind it. The company is committed to hiring and inspiring the best talent and is proud of the ever-growing team it has assembled since its inception. Arctic7 is currently working on an unannounced project for an international publisher and has a number of partner projects planned for 2022 and beyond.

www.arctic7.com

More about Igor Efremov, Marc Rizzo and Alan VanSlyke:

Igor Efremov started his gaming career at electronic arts before co-founding Sperasoft with Marc Rizzo; a game development studio acquired by Keyword Studios in 2017. The acquisition enabled Efremov to become Keyword Studios Commercial Director, responsible for sales and services across the company.

Marc Rizzo has also held a number of technical and operational management positions at companies such as Sony, electronic arts and more recently Keyword Studioswhere he served as Director of Global Operations.

Alan VanSlyke has over two decades of game development experience, working in senior production roles at Epic Games, electronic arts and Sony computer entertainmentand most recently served as Chief Operating Officer at Microsoft Studio, Undead Laboratories.

About Grishin Robotics:

Grishin Robotics is a bay area venture capital company based on investing in start-up companies. Founded by Dmitry GrishinGrishin Robotics’ mission is to bring real change to the physical world by supporting companies that combine software innovation with tangible hardware products.

Grishin Robotics has invested in many category defining companies such as – Ring (acquired by Amazon for $1 billion), Spin (personal mobility, acquired by Ford), Zipline (last mile drone delivery), Starship (last mile robot delivery), Sphero (smart robotic toys), Eero (smart home wi-fi system, acquired by Amazon), and many more.

www.grishinrobotics.com

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Jack Langley

senior consultant

[email protected]

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