Probably Monsters raises $200m in Series A
gamesindustry.bizDanielle Partis
News Editor
Thursday 21st April 2022
Games company Probably Monsters has raised $200 million in a round of Series A funding to fuel multiple AAA projects under its brand.
The round was led by LKCM Headwater Investments, one of Probably Monsters original investors.
The Washington-based firm aims to put the money into expanding its three development studios over which 230 employees are spread across -- Cauldron, Firewalk Studios, and an a third unnamed outfit.
Probably Monsters raised an additional $50 million last year, bringing the total raised to $250 million.
"As part of our growth, we are now secure beyond any one AAA game project, predictably providing our teams with stable, creatively rewarding, and long-lasting gaming careers," said CEO and founder Harold Ryan. "Our goal is to make ProbablyMonsters a home where developers with vision can build a meaningful career, thrive in a positive culture, and deliver amazing experiences to generations of gamers across the world."
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