ROAR GAMES RAISES $1.5M FROM THE GAMES FUND TO DEVELOP ‘TENET OF THE SPARK’
VC fund hopes latest investment will pay off big time.
March 13, 2024
[This unedited press release is made available courtesy of Game Developer and its partnership with notable game PR-related resource Games Press]
The Games Fund :
NEW YORK CITY, UNITED STATES - 13 March 2024 - ROAR Games, a new independent games studio focused on original game development, today announces it has secured USD $1.5M from The Games Fund, a specialist early-stage VC fund that invests in cutting-edge video game developers, studios and GameTech companies.
The investment will fuel ROAR Games’ development of its first title, Tenet of the Spark, which will bring its vibrant art style and third-person action to PC and console. Tenet of the Spark tells the story of a heroic young boxer who gains an incredible ability to perceive the world through the powers of his ancestors, helping him battle through a criminal underworld. At the heart of the game is a unique world-switching mechanic which empowers players to seamlessly jump between immersive settings inspired by Ancient South American and Viking civilizations. Each environment comes with its own striking visuals and sounds, and instantly alters the mechanics of melee combat and NPC behavior.
Launched in 2023, ROAR Games is the brainchild of the founders of ZHEESHEE, an established CGI production studio with a track record of working with My.Games, Nexters, PUBG and Dota 2. It has a 30-strong global team across the US, a major hub in Tbilisi, Georgia, and bases in Europe and Asia. The inspiration for Tenet of the Spark was a short animated movie created by the ZHEESHEE team, ‘The Spark’, which achieved viral attention. This was followed by the release of a gameplay concept in March 2023 which has received tens of millions of views across X (Twitter) and TikTok.
Artem Shcherbakov, Founder and CEO of ROAR Games, said:
“I’m delighted to welcome The Games fund as our first investor. We were impressed by their human approach and willingness to buy into our team’s vision for an experience and an IP which can transcend the boundaries of gaming. ‘Tenet of the Spark’ has already captured the imagination of millions of potential players around the world and the community's reaction made us realize that a vibrant, energetic story could get a new life in the form of a game.”
Ilya Karpinskiy, Co-Founder and General Partner of The Games Fund, said:
“ROAR Games is a natural fit for our approach of investing in people and content which can shape the future of gaming, even if they don’t have a traditional gaming background. With their animation skills it’s clear the team can create striking visuals, but we were also able to get a feel for the crunching multi-civilization melee combat that will make ‘Tenet of the Spark’ a truly memorable experience. In a world of live service giants, there’s a clear opportunity for beautifully crafted AA experiences which push the creative envelope to build new cross-media IPs.”
The Games Fund’s inaugural fund raised $50 million to invest in gaming companies and founders from emerging markets in Central and Eastern Europe, such as Obelisk Studio, KEK Entertainment, Jarvi Games, and Red Rover Interactive.
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For further information:
Priyanka Harsora | Chris Connor
[email protected] | [email protected]
The Games Fund (TGF) is the leading gaming VC fund with offices in New York and Cyprus, investing in innovative early-stage games and game tech companies. TGF was founded by games industry veterans, holds the largest gaming portfolio in Eastern Europe and Cyprus, and is recognized as one of the TOP early-stage gaming investors by Investgame.net and Drakestar partners.
ROAR Games is an independent games studio founded in 2023 to work on Tenet of the Spark, an original single-player action title for PC and console. ROAR comes from the team behind ZHEESHEE a US-based creative studio which creates CGI, VFX, 2D&3D animations, live-action films and all forms of video content.
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