The game company Believer, founded by former Riot executives, has completed a $55 million financing round, led by Lightspeed, with participation from a16z and others

ChainCatcher news, according to TechCrunch, game startup Believer, founded by former Riot executives Michael Chow and Steven Snow, has completed a $55 million funding round, led by Lightspeed Venture Partners, with participation from Andreessen Horowitz (a16z), Bitkraft Ventures, Riot Games, 1Up Ventures, Don Thompson's Cleveland Avenue, and Michael D.

Believer will initially develop original IP, narrative, and technology games. The founders of Believer stated that it is unlikely to launch any products within the next 3-5 years. Steven Snow mentioned that the company hopes to leverage generative AI to do more. (source link)